Senate Republicans say they will block tax increase
WASHINGTON (AP) — President Barack Obama's plan to raise taxes on wealthier people while preserving cuts for everyone else appears increasingly likely to founder before Election Day.
Senate Republicans declared today they have the votes to block legislation that would extend only middle-class tax relief — which Obama has repeatedly promised to deliver — if Democrats follow through on plans to let tax rates rise for the wealthiest Americans.
The GOP senators forcefully made their case one day after House Republican leader John Boehner suggested he might vote for Obama's plan if that ends up the only option.
Both Republicans and Democrats are using the looming expiration of Bush-era tax cuts as a defining battle in elections to determine control of Congress.
Democratic defectors could lead to passage of the Republicans' version — extending all the Bush tax cuts — or the issue could be left for a postelection congressional session if the current standoff can't be broken. Obama last week declined to say whether he would veto a bill that preserved the tax breaks for the wealthy.
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