YOUR FRIENDS' ACTIVITY

    Pelosi will try to force House vote to extend middle-class tax rates

    House Minority Leader Nancy Pelosi (Mark Wilson/Getty Images)

    WASHINGTON—House Minority Leader Nancy Pelosi will try to force a vote on the House floor to extend current tax rates for the middle class next week if Republicans do not act, the California Democrat announced on Friday.

    During a press conference on Capitol Hill, Pelosi called on House Republicans, who control the chamber, to hold another floor vote on whether to extend current tax rates for individuals who earn $200,000 or less and families making $250,000 or less. If they don't, Pelosi vowed to file a "discharge petition" that would force a vote if 218 House members sign it, which is unlikely.

    The bill Pelosi wants to see put to a vote is identical to a measure passed in the Democrat-controlled Senate in July that extends the rates for middle-income earners for one year. House Republicans responded by rejecting the bill and passing their own measure that extends current tax rates for all income brackets.

    "We're calling upon the Republican leadership in the House to bring this legislation to the floor next week. We believe that not doing that would be holding middle-income tax cuts hostage to tax cuts for the rich. Tax cuts for the rich, which do not create jobs, just increase the deficit, keeping mountains of debt for generations," Pelosi said. "To that end ... if it is not scheduled, then on Tuesday we will introduce a discharge petition."

    Discharge petitions, which allow individual members of Congress to put a bill to a vote without committee or leadership approval, are rarely successful. In this case, Pelosi would need Republican support. But when asked if any Republicans had signaled that they would sign a discharge petition to force a vote, Pelosi responded, "No."

    Pelosi said she wanted the bill passed so Congress will have more time to negotiate broader tax reform in 2013.

    Loading...
    • British man in France admits slitting his two children's throats

      LYON, France (Reuters) - A British father living in France has admitted to killing his two children by slitting their throats, blaming a rocky divorce from his wife, prosecutors said on Sunday. Police arrested the 48-year-old unemployed man on Saturday after the bodies of his 5-year-old daughter and 10-year-old son were found at his apartment in a suburb of the eastern city of Lyon. "He offered explanations linked to the children's custody," an official from the Lyon prosecutor's office told Reuters. ...

    • What We Know About the Record Breaking Powerball Jackpot's Mystery Winner

      The frenzy for last minute tickets is over. The numbers have been picked out. Somewhere, a single person is $590.5 million richer. Last night's record Powerball jackpot has a winner but we have no idea who that person is yet. 

    • Soccer-Spurs devastated after missing out to Arsenal again

      By Sonia Oxley May 19 (Reuters) - Missing out on Champions League football again despite amassing their highest Premier League points tally was hard for Tottenham Hotspur to swallow on Sunday and to make matters worse, it was arch rivals Arsenal who pipped them to the post once more. Two months ago it had looked as if Spurs would finally turn the tables on their north London foes when they beat them in the derby to establish a seven-point lead. ...

    • How the Conn. train crash will affect commuters

      Two commuter trains collided just outside Bridgeport, Conn., on Friday evening, damaging the tracks and snarling travel in the Northeast. Here's a look at what commuters can expect Monday, as the work week gets underway, and beyond:

    • Soccer-Ferguson criticises City for Mancini sacking

      LONDON, May 18 (Reuters) - Manchester United's outgoing manager Alex Ferguson has criticised neighbours Manchester City for sacking Roberto Mancini. The Italian boss was sacked on Monday having failed to retain the Premier League title he won last season and after losing the FA Cup final to Wigan Athletic. Mancini took out a full-page advertisement in the Manchester Evening News on Saturday, thanking fans for their support during his time in charge. ...

    • Steve Jobs widow: How is Laurene Powell Jobs spending her wealth?

      For most of her 20-year marriage to Steve Jobs, Laurene Powell Jobs was content to be a behind-the-scenes philanthropist.

    • After nearly 30 years, Camp Lejeune coming clean

      CAMP LEJEUNE, N.C. (AP) — Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER."

    • Cycling-Road-Giro d'Italia classification after stage 15

      May 19 (Infostrada Sports) - Classification from Giro d'Italia after Stage 15 on Sunday 1. Vincenzo Nibali (Italy / Astana) 62:02:34" 2. Cadel Evans (Australia / BMC Racing) +1:26" 3. Rigoberto Uran (Colombia / Team Sky) +2:46" 4. Mauro Santambrogio (Italy / Vini Fantini) +2:47" 5. Michele Scarponi (Italy / Lampre) +3:53" 6. Przemyslaw Niemiec (Poland / Lampre) +4:35" 7. Carlos Betancur (Colombia / AG2R) +5:15" 8. Rafal Majka (Poland / Saxo - Tinkoff) +5:20" 9. Domenico Pozzovivo (Italy / AG2R) +5:57" 10. Benat Intxausti (Spain / Movistar) +6:21" 11. ...

    Loading...

    Follow Yahoo! News