Hoyer: No Vote On Tax Cuts Until After Elections

House Majority Leader Steny Hoyer (D-Md.) announced today that Democrats will wait until after the midterm elections to vote on the extension of the Bush-era tax cuts. The GOP wanted a vote to occur before Congress adjourned to return to the campaign trail.

If the tax cuts are not extended by the end of the year, they will expire for all Americans on January 1, 2011.