When Will The Senate Vote On House Tax Relief Bill?

President Obama And 405 House Members Support 3% Withholding Tax Relief; When Will Senate Dems Schedule A Vote?

WHITE HOUSE: ‘Would Reduce A Burden… Create Jobs’
HOUSE DEM: ‘It Should Have Happened Earlier’‘Part Of Obama's Jobs Bill’ “The House on Thursday passed a measure to repeal an IRS withholding tax, the first measure from President Obama's $447 billion jobs package that Republicans have agreed to back.” (“House Passes Part Of Obama's Jobs Bill,” CBS News, 10/27/11)

HOUSE OF REPRESENTATIVES: 405 Congressmen, Including 170 Democrats voted for H.R.674: “To amend the Internal Revenue Code of 1986 to repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities” (H.R.674, Roll Call Vote #815, Bill Passed 405-16: R 235-0, D 170-16, 10/27/11)

REP. SANDER LEVIN (D-MI): “It should have happened earlier. I think most of us, if not all of us, agree that this provision should be repealed… I urge its support.” (Rep. Levin, Congressional Record, H.7139, 10/27/11)

REP. EARL BLUMENAUER (D-OR): “…a strong bipartisan vote, reaffirming the bipartisan cooperation that got us to this point. I think that this is an example of what potentially we could do…” (Rep. Blumenauer, Congressional Record, H.7141, 10/27/11)

REP. BILL PASCRELL (D-NJ): “The repeal of this requirement will free up small businesses' cash flow, increasing their ability to add jobs and bid on new projects.” (Rep. Pascrell, Congressional Record, H.7142, 10/27/11)

WHITE HOUSE: “The Administration supports passage of H.R. 674, which would repeal a three percent withholding on certain payments made to private contractors by Federal, State, and local government entities. (“Statement Of Administration Policy: H.R. 674 – Repeal Of The Three Percent Withholding On Government Vendors,” Executive Office Of The President, 10/25/11)

“…would reduce a burden on government contractors who otherwise comply with their tax obligations, particularly small businesses.” Ibid

“The effect of the repeal of the withholding requirement would be to avoid a decrease in cash flow to these contractors, which would allow them to retain these funds and use them to create jobs and pay suppliers.” Ibid

‘Senate Majority Leader Harry Reid … Under Pressure To Advance Legislation’“Senate Majority Leader Harry Reid will return to Washington next week under pressure to advance legislation repealing a requirement that governments withhold 3 percent of payments to contractors. The House of Representatives passed the repeal legislation yesterday, 405-16…” (“House Vote to Repeal Contractor Rule Builds Pressure on Senate,” Bloomberg, 10/28/11)

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