Senate Passes $70 Billion Tax Bill (Crap!)

[FormerRepublican]

"WASHINGTON - The Senate passed $70 billion in tax cuts Thursday, one step in an effort that Republican leaders hope will preserve President Bush's tax reductions for capital gains and dividends.

Despite the bipartisan 66-31 vote, Republicans and Democrats showed they're ready to lock horns this election year. They spent most of the day wrangling over whether to use the tax bill to debate a long list of politically hot topics, refusing to skip formalities normally ignored by agreement among party leaders.

"This is not a good sign of the times," said Sen. Trent Lott (news, bio, voting record), R-Miss.

The central feature of the tax bill, left over from last year's agenda, holds back the alternative minimum tax, which threatens millions of families with higher taxes this year unless lawmakers stop its growth."

Yahoo link

The Senate is lining more pigs up for the trough. Let's watch the deficit explode.