Senate to vote on tax cuts deal today
Commuter tax benefit moving along as part of tax cuts extension bill

Tax cuts extension deal passes first Senate test

The Senate has achieved the necessary votes to take the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, better known as the Obama/GOP tax cuts extension deal, to the next level.

Today's vote, which actually will be going on for a few more hours to ensure that all Senators get a chance to make their positions known, was a procedural one.

The upper legislative body voted not on the substance of the bill, but rather on whether they wanted to eventually vote on the tax cuts deal itself.

The Senate vote on the actual legislation could come as early as tomorrow.

If/when it clears the Senate, then the House will get to fight about the bill. And that, my fellow tax geeks, could be real fun.

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