Senate : Democrats praises Senate vote while top Republicans blast it . Senate passes a Democratic tax plan while rejecting the Republican alternative . GOP wants to extend Bush - era tax cuts for all ; Democrats want $ 1 income ceiling . Neither plan is expected to win full congressional support .
NEW : Obama praises Senate vote while top Republicans blast it . Senate passes a Democratic tax plan while rejecting the GOP alternative . GOP wants to extend Bush-era tax cuts for all ; Democrats want $ 250,000 income ceiling . Neither plan is expected to win full congressional approval .