The House has voted to approve a $78 billion bill that would provide a temporary fix to prevent the alternative minimum tax from spreading to about 23 million more taxpayers this coming tax season.
In a 216-193 vote, the House passed H.R. 3996, the Temporary Tax Relief Act of 2007. Congress was under pressure to pass an AMT fix in time to allow the Internal Revenue Service to produce the necessary tax forms without causing delays in processing and refunds. However, in a sign of the controversy over the bill's provisions for compensating for the loss in revenue by raising taxes on some taxpayers and closing several loopholes, no Republicans voted for the bill and eight Democrats voted against it.
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