McConnell says deal likely over tax cuts and jobless benefits
December 5th, 2010
11:14 AM ET
12 years ago

McConnell says deal likely over tax cuts and jobless benefits

Washington (CNN) - The top Republican in the U.S. Senate said Sunday that a deal is likely on extending Bush-era tax cuts for everyone, along with unemployment benefits that have expired.

However, Senate Minority Leader Mitch McConnell, R-Kentucky, made clear on the NBC program "Meet the Press" that his caucus won't budge from its stance on major issues.


Filed under: Congress • Mitch McConnell • Taxes
soundoff (14 Responses)
  1. Four and The Door

    Democratic Sen. John Kerry of Massachusetts criticized McConnell and Senate Republicans of using their filibuster power to force political concessions from Democrats instead of acting in the interest of the American people on issues such as the expiring tax cuts and unemployment benefits.
    It was only the Democrats who were trying so hard to raise taxes on Americans. Republicans wanted them to stay in effect for everyone. Taxing is not what our economy needs right now. We need jobs, Senator Kerry. Raising taxes and extending unemployment benefits both are against putting people to work.

    Republicans are determined to bring down the unemployment rate. Finally someone in Washington is listening to Americans.

    December 5, 2010 11:33 am at 11:33 am |
  2. Anonymous

    It's getting harder and harder to differentiate the camera pandering (old) partisan Mitch from the camera pandering (new) partisan Mitch. Both Mitch's are equally pathetic in their posturing and non stop gibberish.

    December 5, 2010 11:39 am at 11:39 am |
  3. GI Joe

    We're willing to compromise but we won't budge. HUH?

    December 5, 2010 11:45 am at 11:45 am |
  4. LGNY

    Let's see... You give me a tax cut for the rich, and I'll agree to extension of unemployment, START treaty, ....

    Sounds more like blackmail with the nation.

    Better get the agreement in writing. I'll bet that once the tax cut is granted, he and his fellow Republicans will come up with fresh reasons to oppose the other critical items. This is all like Lucy constantly snatching the football away from Charlie Brown despite her many promises.

    December 5, 2010 11:45 am at 11:45 am |
  5. Indy

    The Republican agenda is "what ever makes them comfortable". They wouln't dare do anything that does not help the rich and corporate elite, because that is who lines their evil pockets.They would not know the meaning of compromise and would rather see the destruction of America because that is "comfortable" for the rich and powerful. How can McConnell ever be comfortable with that face ?

    December 5, 2010 11:49 am at 11:49 am |
  6. LGNY

    Here's another take on the tax cut for those making more than $250K. The Republicans assert that this hurts small businesses that are the backbone of new jobs. One can easily assert the opposite:

    As a business owner, I am only subject to this tax when I pull money out of the business as personal income. So, my choices are:

    a. Take the money out and be taxes.
    b. Keep it in the business and invest on improvements that make it stronger.

    You only get the higher taxes if you're pulling money out or otherwise failing to invest in business growth.

    December 5, 2010 11:53 am at 11:53 am |
  7. Indy

    Four and the Door,
    Where are all the jobs you talk about from the Bush tax cuts ? When and where has it been a proven fact that tax cuts create jobs ? Supply and demand along with innovation create jobs not tax cuts, so why don't you post some facts about all the employment the Bush tax cuts have created since it's inception.

    December 5, 2010 11:54 am at 11:54 am |
  8. Marcus

    Four and the Door – 'Republicans are determined to bring down the unemployment rate. Finally someone in Washington is listening to Americans.'
    Dude, you can't be THAT delusional!!!!

    December 5, 2010 12:03 pm at 12:03 pm |
  9. Canuck

    I'm fully expecting the Democrats to fold and dissapoint as usual... change you can't believe in. They truly are a pathetic, spineless bunch.

    December 5, 2010 12:04 pm at 12:04 pm |
  10. pc

    thank you tea-baggers for ruining what was left of our economy. i wish you a very merry christmas!
    can't wait till they start to take away social security. yep you asked for that too!

    December 5, 2010 12:14 pm at 12:14 pm |
  11. B

    This country is rapidly falling into an abyss with the help of the GOP and amoral corporate whores like McConnell and Co.

    It is time for the President to- grow a spine- and do what the people overwhelmingly elected he to do "Change Washington"...

    Obama is intelligent and thoughtful , but that is not enough dealing with this crowd of Republicans, so was Jimmy Carter-

    I am very afraid that we have a very NICE president with no B-s..

    December 5, 2010 12:29 pm at 12:29 pm |
  12. Marcus

    LGNY – Talking of 'Peanuts' (how I miss it!!!!), the whole argumentation/belief of the Gopers and their 'tax cuits is good for the economy' mantra reminds me of Linus and the 'Great Pumpkin'. It did not mattered how many times Linus made a fool of himself standing all night long in the cold and outside his home, waiting for the 'Great Pumpkin' to appear to him. It did not mattered that he missed Halloween every year because of that. He still believed in the 'Great Pumpkin', and tried to make the others believe that THEY were the ones that were wrong about the subject...
    Charles Schultz managed to turn funny and even poetic something as horrible as religious fanatism.
    Too bad that, in the real world, it's not only the one that believes in something that is proven wrong over and over again that suffers becausde of his/her belief, specially if the belief is about something as important to everybody's life as USA's Economy present and future.

    December 5, 2010 12:33 pm at 12:33 pm |
  13. King

    Demand demand demand is what drive the where these fools come from with taxes. Lessoning to the that what runs the economy. Business have to compete like he'll to get their customers demand money, that means putting out the best and most products so that their rivals don't take their customers. When demand are high business hire more people put out more than the usual products, when business are low business go under, and the ones that survive have to lay off workers. We have to start concentrating on building Demand, and stop letting the rich fool you that taxes is what boast business. Tax cut only line the rich pocket, which they already have trillions on the sideline which they refuse to reinvest back into the economy. How much longer will these gudible Americans hang on every trickery fox entertainment news uses to destroy themselves.

    December 5, 2010 12:45 pm at 12:45 pm |
  14. Tony

    Republicans get away with saying that no one can afford to lose his or her tax cuts in this recession, but people who are out of a job can afford to go without unemployment benefits. The ironic thing is that tax cuts cost far more than unemployment benefits, and are far less effective in stimulating the economy. For a proof of this, just look at the number of jobs that had been created by the Bush tax cuts, which were enacted in 2001 and 2003 and are still in effect.

    December 5, 2010 12:49 pm at 12:49 pm |