The Senate is scheduled to vote on whether to extend the already existing tax cuts that former President Bush implemented during his term.
Most of you know--by now--that everyone already has this tax break extended, except for people making $250K/year or more.
The people AGAINST it want the "rich" to help buoy the economy since they, theoretically, HAVE the money to be able to afford to contribute. (This is NOT always true, by the way.)