Friday, July 30, 2010

Common Sense Bill Failed

(Bloomberg) -- Senate Republicans blocked a measure that would cut taxes and ease credit for small businesses, saying they objected that Democrats refused to consider their amendments to extend expiring tax breaks.

The Senate voted 58-42 today to end debate on the bill, falling short of the 60 votes required to consider the legislation for passage.

“Once again a common-sense bill that would help Americans is being held hostage by political calculation,” Senator Patty Murray, a Washington Democrat, said in debate before the vote.

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