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Friday, December 10, 2010

Schedule for the Proposed Tax Legislation

by Calculated Risk on 12/10/2010 09:32:00 PM

The current plan is for the Senate to vote on the legislation on Monday at 3:00 pm. The House of Representatives is expected to vote later in the week, and then Congress plans to adjourn for the year on Friday.

From the LA Times: Sen. Bernie Sanders ends filibuster

Sen. Bernie Sanders (I-Vt.) has ended a marathon filibuster of the proposed tax compromise, ceding control of the Senate floor after more than 8 1/2 hours.

"It has been a very long day," he said as he concluded his remarks, including a five-hour period in which he spoke without interruption. "... I think we can come up with a better proposal which better reflects the needs of the middle class."
I think so too, but it won't happen. This is basically a done deal.