Jobless aid, tax bill fails in U.S. Senate

WASHINGTON, June 24 | Thu Jun 24, 2010 5:41pm EDT

WASHINGTON, June 24 (Reuters) - A Democratic plan to provide additional aid to jobless workers, businesses and cash-strapped states failed in the U.S. Senate on Thursday in the face of solid Republican opposition.

The bill, which would have extended a set of popular business tax breaks and raised taxes on investment fund managers, fell short of the 60 votes needed to advance in the 100-member Senate. Democrats had hoped the package, which would have provided additional jobless aid for hundreds of thousands of unemployed workers, would help boost fragile economic growth. But Republicans argued it would have added too much red ink to the $1.4 trillion budget deficit. (Reporting by Donna Smith; Editing by Dan Grebler)

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Comments (1)
Plenum999 wrote:
Reporter biased making Repubs look like the bad guys, 40+ voted this down what about the Dems who voted this down?

Couldn’t they just strip out the crap and make this purely about extending the benefits instead of all the riders on the bill??

Stupid Washington power politics…as usual.

Jun 25, 2010 10:23am EDT  --  Report as abuse
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