What: All Issues : Fair Taxation : A vote on passing a Democratic amendment to the fiscal year 2005 budget resolution calling for rollbacks in some of President Bush's tax cuts for wealthy individuals. (2004 senate Roll Call 36)
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A vote on passing a Democratic amendment to the fiscal year 2005 budget resolution calling for rollbacks in some of President Bush's tax cuts for wealthy individuals.
senate Roll Call 36     Mar 10, 2004
Progressive Position:
Yea
Progressive Result:
Loss

Sen. Robert Byrd's (D-W.Va.) amendment to the fiscal year 2005 budget resolution debated on the Senate floor - calling for rollbacks in some of President Bush's tax cuts -- was defeated with conservatives showing a united front. The way in which Congress develops tax and spending legislation is guided by a set of specific procedures laid out in the Congressional Budget Act of 1974. Most importantly, the Budget Act calls for the annual development of a congressional "budget resolution." This resolution sets overarching limits on spending and on tax cuts that apply to legislation developed by individual committees - including the appropriations committees, tax-writing committees, and other committees that have jurisdiction over certain spending programs - as well as to any amendments offered to such legislation on the House or Senate floor. The Byrd amendment would have directed the Senate Finance Committee to report spending legislation that would reduce revenues by $80.6 billion for fiscal 2005 through 2009. The instructions would accommodate an extension of the expiring $1,000 child tax credit, continue the 10 percent income tax bracket at present income levels and extend relief of the so-called marriage penalty. It was rejected 47-52, with conservative opponents arguing that tax raising measures make people "less free."

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