Senate minority leader Mitch McConnell has come out against the Obama tax plan, according to a McConnell spokesman who spoke with the Associated Press:
Senate Republicans will oppose any effort to renew soon-to-expire Bush administration tax cuts if upper income taxpayers are excluded from the reductions. A spokesman for Senate GOP Leader Mitch McConnell said Monday that every Senate Republican has pledged to oppose President Barack Obama's tax-cutting plan. Obama would renew the tax cuts for most people, but let the top income tax rate rise back to almost 40 percent on family or small business income over $250,000.
McConnell has said a bill extending the tax cuts for only low- and middle-income earners cannot pass the Senate. Forty-one senators can block a bill with a filibuster, but McConnell spokesman Don Stewart declined to say whether all 41 Republicans would support a filibuster.
At issue is a year-end deadline to renew a variety of tax cuts enacted in 2001 - when the federal government was running a surplus.
On Sunday, House GOP Leader John Boehner said he would support renewing tax cuts for the middle class but not the wealthy if that was his only choice.