Posts tagged hr 4234

Apparently the Tax Credit Closing Extension is Dead. For Now

Despite shaving another $22 billion off the price tag of H.R. 4213 , the unemployment insurance, jobs and tax extenders bill, the Democrats this afternoon failed for the third time in three weeks to defeat a Republican filibuster.

…Spooked by concern about deficits, the Senate shelved a spending bill that included an extension of unemployment benefits, suddenly cutting off a federal cash spigot opened by President Barack Obama when he took office 18 months ago.

… “In effect, I think what we’ve done is pull ahead a lot of sales,” de Ritis said.

…Still, the number is so bad that it makes a decent case for an extension and retuning of the tax credit, de Ritis said. (hat tip: CR ) *editor’s note: I’m going to move this post to the sideblog shortly.

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