Dems' Tax Bill Moves Toward U.S. Senate Vote

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A new Democratic plan to extended unemployment benefits may face a tough vote in the Senate because of its cost.

The measure would raise government spending by more than $120 billion over the next decade, and it would add $80 billion to the deficit.

The bill would also increase taxes, especially those on small businesses.

Forbes Magazine reports the new taxes would amount to $11 billion over the next ten years.

The bill has already passed the House, but Senate Democrats may not be able to get any Republicans to support it. That could prevent the measure from moving ahead.

Republicans have offered an alternative to the bill that would extend unemployment insurance for 30 days, but without the controversial tax raising provisions.

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