Senate Dems Pass Tax Bill

    WASHINGTON, DC - MARCH 08: Sen. Charles Schumer (D-NY), Sen. Patty Murray (D-WA), Senate Majority Leader Harry Reid (D-NV) and Sen. Richard Durbin (D-IL) participate in a news conference on March 8, 2012 in Washington, DC. Senator Reid talked about the disagreement with Republican over the pending highway bill. (Photo by Mark Wilson/Getty Images)

    Mark Wilson / Getty Images

    It was a close vote, but Senate Democrats succeeded on Wednesday in pushing through a measure that would extend tax rates for families making less than $250,000 a year. Two senators who caucus with the Democrats— Joe Lieberman (I-Conn.) and Jim Webb (D-Va.)—voted against the bill, which is expected to die in the Republican-controlled House. Earlier in the day, the Senate rejected a measure that would have extended the current tax rates for all income brackets by a vote of 45 to 54.

    Read it at The Hill