White House seeks Democrats' backing for tax deal
December 7th, 2010
09:31 AM ET
12 years ago

White House seeks Democrats' backing for tax deal

WASHINGTON (CNN) - The White House will fight Tuesday to get Democrats to support a last-minute deal on taxes that President Barack Obama hammered out with Republican leaders.

The compromise would extend the Bush-era tax cuts for two more years, keeping income tax rates at their current levels for everyone, as Republicans insisted. Obama and other Democrats wanted tax rates to rise only for individuals earning more than $200,000 a year and families making $250,000 or more a year.

Filed under: Congress • President Obama • Taxes
soundoff (26 Responses)
  1. Me

    It's bad enough that our President has shown a sincere lack of testicular fortitude by capitulating to the demands of Republican elected officials. Asking other Democrats to go along with this cave in is even worse. The GOP was holding the middle class hostage and Obama gave in to their demands. What Obama did is the equivilent to negotiating with terrorist and it's wrong!

    Evil is defeating Good
    Hate is overcoming Love
    Lies are destroying the Truth
    Fear is crushing Hope
    The Future is bleak

    December 7, 2010 11:35 am at 11:35 am |
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