WH, lawmakers clear way for tax cut bill passage

The White House and key lawmakers clean the way Thursday night for swift Senate action to avert a Jan. 1 spike in income taxes for almost all Americans, agreeing to extend breaks for ethanol and other forms of option energy as part of the deal.

Tax provisions aimed at increasing manufacture of hybrid automobiles, biodiesel fuel, energy-efficient homes, coal and energy-efficient household appliances would be extended from side to side the end of 2011 beneath the bill in an America.

Deliberate on the lingering measure began almost without delay. While there is no precise timetable for passage, a test vote was set for Monday afternoon that appears likely to make obvious overwhelmingly support for the legislation, which supporters say would help accelerate a slothful recovery from depression.

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