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>> JOHN BOEHNER Latest News

FEB 14, 2013 - Business Insider

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Senate Democrats Have Released Their Official Bill To Avoid The Sequester, And They're Bringing Back The Buffett Rule

Senate Democrats have presented their official plan to avoid the sequester, unveiling a bill Thursday that would replace the across-the-board budget cuts for 10 months.  The bill, called the American Family Economic Protection Act, includes $110 billion in savings, balanced evenly with spending cuts and new revenues. The plan would raise approximately $54 billion in revenues by implementing of the so-called "Buffett Rule," which sets a minimum 30 percent tax rate on income above $1 million. This proposal has so far been a non-starter among Senate Republicans, who moved to ... Read More

Tags: Senate Democrats Have Released Their Official Bill To Avoid The Sequester, And They're Bringing Back The Buffett Rule,  John Boehner Latest News