Deal for MORE SPENDING Made on Taxes

From the Washington Times - Brushing aside calls from his own political base to take a stand, President Obama last night announced a deal with congressional Republicans that will extend expiring Bush-era tax cuts — even those for the wealthiest filers — for two years in exchange for a 13-month extension of unemployment benefits. The fate of the tax cuts, due to expire Jan. 1, has dominated the lame-duck session of Congress and posed a difficult political challenge for Mr. Obama, who has long favored extending only the lower rates for "middle-class" households making $250,000 a year or less and individual filers earning less than $200,000. Read full story here:

Deal for MORE SPENDING Made on Taxes