WASHINGTON (Reuters) – Angry Democrats in the House of Representatives defied President Barack Obama on Thursday and rejected a deal he struck with Republicans to extend low tax rates that are set to expire in three weeks. In a raucous, closed-door meeting on Capitol Hill, Democrats chanted “Just say no!” as they agreed to block [...]

WASHINGTON – House Democrats voted Thursday to reject President Barack Obama’s tax deal with Republicans in its current form, but it was unclear how significantly the package might need to be changed. By voice vote in a closed caucus meeting, Democrats passed a resolution saying the tax package should not come to the House floor [...]

Washington (CNN) — House Democrats vented their frustrations with President Barack Obama’s tax proposal at a closed-door meeting Tuesday night, with rank-and-file members slamming the White House for leaving House Democrats out of final negotiations, and agreeing too quickly to a GOP proposal on the estate tax. According to several Democratic members and aides, much [...]

WASHINGTON – Opposition by House Democrats to a tax-cut deal negotiated by President Barack Obama and Republican leaders erupted into open revolt Thursday, threatening to undermine GOP support and rekindling the threat of an increase in the income-tax withholding of virtually every American worker beginning New Year’s Day. The rebellion came as House and Senate [...]

House Speaker Nancy Pelosi pledged to continue negotiations with Republicans and the White House House Democrats have rejected a tax cut deal struck by President Barack Obama with the Republican opposition. The non-binding vote was led by liberals angry about the extension of tax cuts for the rich. The White House had spent the week [...]