By Richard Rubin
The U.S. Senate passed an $858 billion tax-cut plan, giving bipartisan endorsement to an agreement crafted by President Barack Obama and Republicans that extends Bush-era reductions for all income levels.
The 81-19 vote sends the bill to the House, where Democratic leaders are likely to bring it to the floor tomorrow. House Democrats plan a separate vote on limiting estate-tax breaks in the bill, House Rules Committee Chairwoman Louise Slaughter of New York said today. Approval of the change could force further Senate action.
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