Tax cut votes prelude to bigger fiscal cliff fight
| Reuters
The Congress is
set to begin debating this week whether to extend hundreds of billions
of dollars in expiring tax cuts in what amounts to a round of shadow
boxing in advance of the real battle after the November elections.
Both the Democratic-led Senate
and Republican-led House of Representatives will take up the expiring
tax rates in coming days, but the outcomes will be very different and
will settle nothing.
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