Washington (CNN) - A consensus may be forming on President Barack Obama's plan to extend Bush-era tax cuts to everyone but the nation's richest people.
On Sunday talk shows, Obama's economic advisers touted the idea while the top Republican in the U.S. House said he would vote for it if no other option existed.
The Bush tax cuts enacted in 2001 and 2003 cover all taxpayers and are scheduled to expire at the end of the year.
Obama and congressional Democrats want to keep in place those tax cuts that apply to Americans earning less than $250,000 a year. People earning more than that would have their rates restored to higher levels in place before the tax cuts were enacted.
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