© 2024 | Jefferson Public Radio
Southern Oregon University
1250 Siskiyou Blvd.
Ashland, OR 97520
541.552.6301 | 800.782.6191
Listen | Discover | Engage a service of Southern Oregon University
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Senate to Vote on $70 Billion Tax Package


The Senate is expected to vote today on a bill providing tax relief to investors. It would provide tax cuts worth more than $70 billion over five years. The legislation provides a two-year extension of the reduced 15 percent tax rate for capital gains and dividends currently set to expire at the end of 2008.

The bill would also help the millions of taxpayers facing the alternative minimum tax. The bill passed the House yesterday. President Bush has said he will sign it. Transcript provided by NPR, Copyright NPR.

Steve Inskeep
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.