House Republicans on Wednesday approved a bill to extend all of the Bush-era tax cuts.
- The 256-171 vote -- along mostly party lines -- came after the GOP fended off a Democratic alternative to only extend the cuts on household and individual annual income of $250,000 and $200,000, respectively.
- One Republican, Tim Johnson of Illinois, voted against the GOP plan.
- House Republicans' victory puts the GOP at even with Democrats, as the Senate last week approved on a party-line vote the Democratic plan.
- The dueling proposals mean Congress breaks for the August recess at a stalemate, with party talking points at the ready, but not poised to settle anything until after November's elections.