White House expects Congress to pass tax plan

WASHINGTON (BestGrowthStock) – White House adviser David Axelrod said on Sunday he expected the House of Representatives to vote on President Barack Obama’s tax deal with Republicans “and that it will prevail there.”

The Senate is expected to pass plan this week but many Democrats in the House have complained that Obama made too many concessions to Republicans in the deal.

“We believe that when it comes back to the House that we will get a vote and it will prevail there,” Axelrod said on CNN’s “State of the Union.”

“I believe that ultimately people will come together around this plan,” Axelrod said.

Obama’s $856 billion tax deal, struck with the Republicans who will soon wield greater clout in Washington, extends all Bush-era tax cuts, even those for wealthier Americans, instead of Democrats’ preference of limiting the tax cuts to families making les than $250,000 a year.

House Democrats also are particularly angered that the deal did not toughen taxes on estates of the wealthiest Americans as much as they wanted.

Asked if he expected significant changes to the tax deal before it clears the House, Axelrod said: “We can’t change it in major ways and expect that it is going to pass … I expect that the framework that was agreed to will be largely what is voted on.”

Axelrod said the White House was having “broad conversations” with House Democrats to ensure “everyone knows what’s in this package.”

(Reporting by Vicki Allen; editing by Doina Chiacu)

White House expects Congress to pass tax plan