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Greetings, HamletsMill, and welcome. You asked:
<<That seems a rather broad conclusion. Under what factual basis do you draw it?
Sounds like the proposal, sound or not, has extremely broad bi-partisan support in Congress. >>
As I said, based on what I read in the media, the President has already indicated he may veto the proposal (that has gone from "will" to "may" because of the pending election). The proposal has insufficient support in the Congress to override that veto because the same Democrats who voted for the bill would not vote to override a veto. It's an election year, and many Democrats up for reelection wish to go on record as supporting a somewhat popular proposal prior to that election, but really don't care whether it passes because the nation still needs the tax money that will be lost if it does pass. The Democratic House and Senate leadership do not actively support the measure and really don't like it, so they can't be expected to entertain the notion again were they in the majority in a new Congress. The same goes for their candidate for the Presidency. If you've seen other indications, they certainly haven't made it into The Washington Post, Newsweek or Time that I've seen.
Regards..Pixy
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