Reply #5: Not a bad bill - it does NOT extend the rich folks investment tax cut [View All]

We get a small guy alternative minimum tax fix, a business credit for research and development for 2 years, plus deductions for college tuition and teachers' expenses, as well as a credit for low-income savers.

It changes an accounting practice used by oil companies and hits them with $4.3 billion in increased taxes, and gives a tax break for coal companies that spend more on safety equipment and training.

It then spends money for military equipment, veterans health care, disability compensation and hospitals.

In the end the extra spending will be stripped in conference - and the House passed 2 year extension of the investment tax cuts for the rich put in.

But that is what happens when you do not have the votes.

Hillary did a good job getting the GOP on record as not supporting her amendment for an independent commission to study the government's response to Hurricane Katrina.

Now when in the future Hillary talks about tax cuts for the rich, her vote for this version of the bill will hurt her how?