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Brad Sherman

Bush Tax Cuts

House Dems Prepare To Fold On Obama Tax Cut Deal


Majority Leader Steny Hoyer with other House Democrats

House Democrats are coming to terms with the fact that a tax cut compromise filled with provisions they despise will pass and be signed into law. On Tuesday night they vented their frustrations to their harried leadership in a private caucus meeting, but emerged acknowledging that they've been boxed effectively in by the White House and GOP.

Tomorrow, after the Senate passes the plan President Obama negotiated with Congressional Republicans, Democratic leaders in the House will present their members with an end game. That endgame may involve passing the legislation word for word. Leaders may allow votes on amendments to the Senate-passed bill, and may even allow some minor tweaks to the package. But as far as dramatically tweaking its key provisions -- particularly the estate tax -- or otherwise endangering the deal, members predict leadership will allow those efforts to fail.

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Topics: Barack Obama, Bill Pascrell, Brad Sherman, Bush Tax Cuts, David Wu, Henry Waxman, James Clyburn, Tax Breaks, Tax Cuts, Taxes

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