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Beneficial Communities

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Also on February 14, Senate Democrats released the sequestration replacement plan they developed over the last several weeks. The plan would replace the $85 billion sequester and $25 billion in additional cuts with a $110 billion package evenly split between raising revenue and targeted spending reductions. Half of the spending reductions would come from defense spending and half would come from farm subsidies. Revenues would come from a tax increase on households earning from $1 million to $2 million annually, an oil tax, and from eliminating certain corporate tax deductions. Senate Majority Leader Harry Reid (D-NV) plans to bring the bill to the Senate floor the week of February 25.

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Phone: (941) 929-1271

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Beneficial Communities LLC

Beneficial Communities LL

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http://www.beneficialcom.com

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Real Estate Developers

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Phone: (941) 929-1270

Address: 2206 Jo An Dr, Sarasota, FL 34231

Website: http://www.beneficialcom.com

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