December 6th, 2010
06:45 PM ET
10 years ago

BREAKING: Obama announces tax deal with GOP

(CNN)–President Barack Obama on Monday announced a deal with congressional Republicans that would extend extend Bush-era tax cuts for two years and unemployment benefits for 13 months while also lowering the payroll tax by 2 percentage points for a year.

Filed under: Taxes
soundoff (27 Responses)
  1. C. Harris

    politics is nothing but comprimises. the republicans have to except blame now that they're in the majority. I can't believe they would drive the country into the toilet just to make O'bama look bad. the problems that excist now were here before he was elected!!

    December 6, 2010 08:23 pm at 8:23 pm |
  2. E

    Unbelievable. I voted for Obama because I thought he would be the opposite, the antithesis, of what this country had been through politically from 2000-2008. And here he is, giving into Republican demands. Take a stance for once, Obama.

    December 6, 2010 08:25 pm at 8:25 pm |
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