(Bloomberg) — The U.S. Congress passed an $858 billion bill extending for two years all Bush-era tax cuts, sending the measure to President Barack Obama for his signature. Before the House voted 277-148 for final passage on the tax-cut agreement, members defeated an amendment crafted by some Democrats to express their displeasure with the bill and especially with a Republican-backed estate-tax proposal. Enough Democrats voted with House Republicans to accept the deal that Obama negotiated with congressional Republicans who gained scores of seats in last month’s election. Republicans said the bill would provide certainty about tax rates and would create jobs.
Congress Passes $858 Billion Tax-Cut Extension Plan
Madame Noire Video
-
Entertainment
MN Exclusive: Dance Theatre of Harlem Presents En Avant
Check out the beautiful short film that intertwines the history and future of Dance Theatre of Harlem.
Read More -
Entertainment
MN Exclusive: Beverly Johnson and Rebecca Romijn on The “Good Deeds” Red Carpet
Beverly Johnson and Rebecca Romjin tell us why they chose to get involved with Perry’s latest venture.
Read More -
Entertainment
MN Exclusive: Tyler Perry & Gabrielle Union Talk “Good Deeds”
Find out what Gabby had to say about her favorite movie role.
Read More -
She's The Boss
“She’s The Boss” Episode 20 – Marvet Britto, President And CEO Of The Britto Agency
Find out why Marvet Britto is the boss!
Read More
