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Tomorrow, if all goes according to plan, the Senate should finally pass an extension of unemployment insurance (UI) benefits to more than 2.5 million unemployed workers who have gone without a check for over six weeks. Central to this delay were Republican and a moderate Democrat's demands that Congress pay for the emergency extension. Many of those same members of Congress, however, change their tune when it comes to extending the Bush Tax Cuts.

Citizens for Tax Justice (CTJ) released an important call to action along with a report this afternoon about carried interest, the loophole that allows multimillionaire investment fund managers to subject their income to lower tax rates than the average citizen. The "extenders" tax package, which is currently before the Senate, includes a carried interest loophole-closer, but it seems that senators are listening to the fund managers' well-heeled lobbyists and their ridiculous claims against this commonsense policy change.