Bailout Plan Gets Tax Cuts And Other "Sweeteners" To Help It Pass

—>Despite the fact that unprecedented outcry from taxpayers overwhelmed the servers hosting the Web sites of the House and its members, forcing administrators to limit e-mails from the public for the first time ever, the steady push toward a bailout plan continues. The newest version of the plain contains what CNN is calling "sweeteners" — tax cuts and health care reforms that are meant to appeal to the holdouts.

CNN says:

The "sweeteners" in the package include:

  • An increase in the amount that the Federal Deposit Insurance Corporation will insure in bank accounts: to $250,000, up from $100,000
  • A fix that would prevent middle-class taxpayers from paying the alternative minimum tax
  • A number of tax extensions favored by either Republicans or Democrats
  • Tax exemptions for renewable energy

  • A measure that would require health insurers to treat mental health issues the same way they treat physical illnesses

'Sweeteners' could make bailout package sour for House Dems [CNN]
(Photo: Getty)

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