Figures. Senate Dems Block Obama’s Tax Hike on Small Business Owners (Video)
Senate Democrats blocked a vote today on Barack Obama’s tax hike on small business owners.
Senate Republican Leader Mitch McConnell asks for votes on President Obama’s plan to raise taxes on small businesses and on a GOP plan to prevent any tax increases next year. But Senate Majority Leader Harry Reid (D-NV) objects.
SEN. MITCH MCCONNELL (R-KY): “On Monday, the president said if the
Senate passes this tax hike on small businesses, he would sign it right away. That’s what he said Monday, two days ago. I can’t see why our friends on the other side wouldn’t want to give him the chance. So with that, Madam President, I ask unanimous consent that at 2:00 p.m. today, the motion to proceed to S.2237 be adopted and that the first two
amendments in order to the bill be the Hatch-McConnell amendment number 2491, which would provide for the extension of current rates while we work on tax reform, and a Reid or designee amendment to enact the president’s proposal which as I have said would impose job-killing taxes on nearly one million business owners.”
THE PRESIDING OFFICER: “Is there an objection?”
SEN. HARRY REID (D-NV): “…Madam President, I object.” (Sens. McConnell & Reid, Floor Remarks, 7/11/12)