No Spending Cuts in Sight: Senate Democrats Attempt to Raise Taxes

CNN - The U.S. Senate on Wednesday passed a Democratic plan to extend the Bush-era tax cuts for middle income Americans while rejecting a Republican alternative to continue all of the cuts -- twin votes that help to crystallize the position of the two parties on a critical issue heading into the fall campaign.

The Democratic proposal passed in a sharply polarized 51-48 vote, while the Republican plan was defeated 45-54.
Vice President Joe Biden, the constitutional presiding officer of the Senate, was on hand to cast a tie-breaking vote if necessary.
Strategists on both sides of the aisle acknowledge that neither plan has a chance of passing both the Democratic-controlled Senate and the Republican-controlled House of Representatives. GOP leaders in the House have indicated they have no intention of bringing the Democrats' plan to a vote. Read full story here: News New Mexico

No Spending Cuts in Sight: Senate Democrats Attempt to Raise Taxes