The Senate plans a final passage vote on a slate of tax cuts and social spending programs negotiated by the White House and Congressional Republicans on Tuesday. A procedural vote to limit debate on the measure was approved by a large bipartisan majority Monday evening. The measure will then head to the House of Representatives, where it faces considerable resistance from some in the House Democratic caucus. Several members of the caucus object to provisions dealing with the estate tax, saying that the plan is a giveaway to the wealthy that will increase the budget deficit.
After completing work on the tax cuts package, the Senate will still have one more must pass piece of legislation to consider before being able to go home for the holidays. It must come up with a bill to fund the government for FY 2011, and soon. The temporary spending bill keeping the government operating expires December 18th.
Senate Democrats and Republicans hold their weekly closed-press policy luncheons. Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., will address the media after their respective meetings end.
We'll be following all these stories and more, so stay with Fox News for all the latest.