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02/06/07--House Ways and Means Chairman Charles B. Rangel, D-N.Y., talks to reporters, on the escalator from the Longworth House Office Building, after the committee's hearing with Treasury Secretary Henry M. Paulson Jr. Democrats sharply criticized the White House budget request Tuesday for failing to include long-term changes to the alternative minimum tax, which threatens to ensnare more middle-class taxpayers each year. They pushed top administration officials at separate committee hearings to explain why President Bush had proposed only a one-year ÒpatchÓ Ñ for fiscal 2008 Ñ to prevent the AMT from affecting more taxpayers. The budget plan does not account for any future patches or expensive long-term modifications to the tax. Democrats contended that not proposing long-term changes now helps the White House find money for other priorities, such as extending the 2001 and 2003 tax cuts (PL 107-16, PL 108-27) and charting a course to a balanced budget in 2012. Congressional Quarterly Photo by Scott J. Ferrell

02/06/07--House Ways and Means Chairman Charles B. Rangel, D-N.Y., talks to reporters, on the escalator from the Longworth House Office Building, after the committee's hearing with Treasury Secretary Henry M. Paulson Jr. Democrats sharply criticized the White House budget request Tuesday for failing to include long-term changes to the alternative minimum tax, which threatens to ensnare more middle-class taxpayers each year. They pushed top administration officials at separate committee...
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