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News Link • TAXES: Federal

House Passes Tax bill 277-148, Sending Bill To President

• the real news now
The United States House of Representatives has pushed through the Obama-GOP tax-cut deal by a vote of 277-148. The bill will now go to the white house for approval by president Obama. The bill reauthorizes extended unemployment benefits through 2011, meaning more than a million people whose benefits lapsed this month will receive retroactive lump-sum payments within a few weeks. (this also means the United States federal government will go deeper into debt) The Real problems with the tax bill:

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