What’s going to fly?
That’s the question on Capitol Hill where Republicans and Democrats are engaged in a game of chicken over what legislation gets approved in the final stretch for this Congress.
Everyone wants to extend middle class tax cuts, but when it comes to extending tax cuts for wealthier Americans feathers get ruffled. Republicans are demanding all of the Bush tax-cuts be extended, but Democrats cry fowl, saying the tax cuts for the wealthy are too expensive to continue.
The House of Representatives, which is controlled by Democrats until the new Congress with a Republican majority is seated in January, will vote Thursday to extend only the middle-class tax cuts that are set to expire at the end of the year.
But in the Senate, which will still be controlled by Democrats in the next Congress, the squawking is the loudest.
Senate Republican Leader Mitch McConnell sent Senate Democratic Leader Harry Reid a letter signed by every Senate Republican that pledged to block all legislation until the Senate acts on the tax cut extension and a measure to temporarily fund the government. The House passed a short-term spending bill on Wednesday and the Senate was expected to take it up this week.