July 24, 2014 SIGN IN | REGISTER

Lawmakers Lay Groundwork for Recess

Bill Clark/CQ Roll Call
Speaker John Boehner has urged the Senate to follow the House’s lead by passing legislation to extend all current tax rates into next year, arguing that allowing tax rates to increase would further hurt the economy.

Boehner said the House has acted to avert the cuts that would hurt the nationís ability to protect itself. Of the $1.2 trillion, half would come from security spending, which will force a raft of layoffs from defense contractors.

But Senate Democrats will not take up the measure and instead want to keep the threat of the cuts on the table in an effort to force Republicans to agree to a deficit reduction package that includes tax increases.

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