Getting your player ready...
WASHINGTON — Senate leaders are rejecting a plan by House Democrats to add a surcharge on upper-income taxpayers to a bill providing $163 billion to pay for military operations in Iraq and Afghanistan into next year.
The half-percentage-point surcharge on income exceeding $500,000 for individuals and income above $1 million for couples was added to the House war-funding bill on Tuesday. The tax increase would be used to finance a $52 billion increase in college aid for post-Sept. 11 veterans that has been added to the war- funding measure.
