The legislation, H.R. 674, was advanced, 94-1, and will now face several days of debate as senators attempt to amend it before it undergoes another test later in the week. Senate Majority Leader Harry ReidHarry ReidNearly 400 House bills stuck in Senate limbo Puerto Rico debt relief faces serious challenges in Senate McCain files B amendment to boost defense spending MORE (D-Nev.), for example, will likely try to tack-on the Democrats' latest jobs bill, which would benefit veterans. Other senators may try to replace the bill’s controversial pay-for which would roll back expanded access to Medicaid.
Moderate Republican Sen. Scott Brown (Mass.) on Monday evening called the legislation “truly bipartisan” and a “no brainer” explaining that the tax seems to defy fiscal gravity, costing the government more that than it gains through revenue.
“It will repeal the tax that costs the government billions more to implement than it actually raises in revenue,” said Brown.
The unpopular tax which the bill addresses was devised under President George Bush as a way to ensure collection from tax scofflaws but has since become the subject of harsh criticism from both sides as a costly hindrance to economic growth.
The House voted easily passed the bill, 405-16, last week President Obama has also thrown his support behind the bill.
Sen. Jay RockefellerJay RockefellerLobbying world Overnight Tech: Senators place holds on FCC commissioner Overnight Tech: Senate panel to vote on Dem FCC commissioner MORE (D-W.V.) was the only senator to vote against the bill.
The Senate adjourned at 6:36 p.m. after confirming a minor judicial nominee. The Senate will reconvene at 10 a.m. on Tuesday and hold a roll call vote on Evan Wallach to be a judge for the federal circuit.
This story was updated at 6:37 p.m. to reflect adjournment.