Senate blocks Obama’s tax plan
A bipartisan filibuster, led by unified Republicans and joined by four Democrats and one independent, proved there isn’t enough support to back Mr. Obama‘s preferred option to extend income tax cuts for couples making less than $250,000 and tax increases for those making more than that.
With that vote out of the way, attention turns back to the high-level working group Mr. Obama and congressional leaders set up this week to try to work out a solution. That group met three times already, but Sen. Jon Kyl, Arizona Republican and one of the negotiators, said it was clear to him that Democrats weren’t going to negotiate until they had gone through the votes to prove to their political base that raising taxes on the wealthy wasn’t viable.
“It’s been very clear that we’re not going to be negotiating anything until all of this political process is over, until the partisan votes have been cast,” he said an hour before the votes in a rare weekend Senate session.