TV News LIES

Monday, Mar 02nd

Last update08:49:55 AM GMT

You are here News Congress GOP-run House votes 274 to 131 to make business tax break permanent--and increase deficit

GOP-run House votes 274 to 131 to make business tax break permanent--and increase deficit

E-mail Print PDF

GOP votes business tax break permanentThe House of Representatives voted 274 to 131 Friday to make the research and development tax credit permanent--and add $155.5 billion to federal deficits over the next 10 years.

Republicans, who have consistently complained about deficit spending, nevertheless were nearly unanimous in backing the plan. Only one Republican voted no. Sixty-two Democrats joined those in favor, while 130 voted no.

The R & D credit is part of a broader $310 billion package of tax breaks. More votes are expected in the next few weeks.

“This bill allows business owners to plan for the future, encouraging them to make decisions today that will translate to more jobs and a stronger economy in the future,” said House Speaker John Boehner, R-Ohio.

More...


Most Recent Related Stories...


Congress passes one-week DHS fix

US CongressThe House voted late Friday to stave off a shutdown of the Department of Homeland Security...

Senate panel approves AG nominee Lynch

Loretta LynchThe Senate Judiciary Committee voted Thursday to advance Loretta Lynch to be the nation's next attorney...

John Boehner Humiliated As House Republicans Defeat His Bill To Keep Homeland Security Open

Boehner humiliatedIn a crushing defeat for John Boehner, his own House Republicans defeated the Speaker’s bill, and...

Powerful Senate Republican tamping down torture disclosures

Richard BurrWhen the Senate Intelligence Committee released the much anticipated executive summary of the full report on...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!