The vote was 215-195 despite a last minute threat from Club for Growth and Heritage, warning Republicans that voting to extend the lower interest rate at all will be counted against them. Thirty Republicans voted against, it, 13 Democrats for it.
There are, of course, plenty of other ways to pay for the extension of these low interest rates. The way the Senate has chosen to do it is through closing a loophole that allows certain wealthy businesspeople to avoid paying Medicare taxes on large chunks of their income, the Newt Gingrinch/John Edward loophole, as the Senate Democrats are calling it.
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