Senate Showdown Saturday: Tax Cut Votes on the Way

Senate Majority Leader Harry Reid said he plans to hold two tax cut votes on Democratic proposals Saturday after a bipartisan deal to have four votes in the Senate collapsed. The two Saturday votes will be on the House-passed bill to extend tax cuts for Americans earning under $250,000 a year and another from Sen. Chuck Schumer, D-N.Y., to raise the threshold to $1 million a year. The debate started in earnest on Friday, with Reid firing the first shot of the day. "The truth is simple --...Full Story