Bill Pascrell

Tax showdown in House today

Tax showdown in House today

A massive tax package that would save millions of Americans thousands of dollars in higher taxes is headed for a vote in the House Thursday even as rebellious Democrats complain it is too generous to the wealthy. House Democratic leaders plan to pass the bill Thursday. But first, they will hold a vote on imposing […]

Senate passes tax bill; Now it’s up to the House

Senate passes tax bill; Now it’s up to the House

The Senate Wednesday overwhelmingly passed a sweeping tax package that would save millions of Americans thousands of dollars in higher taxes while also reducing their Social Security taxes and extending jobless benefits. President Barack Obama swiftly urged the House to pass the $858 billion bill without changes, a slap at Democratic liberals eager to toughen […]

Senate ready to pass Obama-GOP tax package

Senate ready to pass Obama-GOP tax package

The Senate is moving to pass a package that would spare taxpayers at every income level from a significant tax increase on Jan. 1. The package will then go to the House, where Democrats are fuming over extended tax breaks for the wealthy that President Barack Obama negotiated with Senate Republicans. House Democrats are considering […]

Can Obama sell his tax-cut to angry Democrats?

Can Obama sell his tax-cut to angry Democrats?

President Barack Obama still has work to do to sell fellow Democrats on the tax package he negotiated with Republicans. House Democratic leaders say the package is tilted too much in favor of the wealthy, putting Obama on the defensive for striking a deal that is picking up support among GOP lawmakers and business groups. […]