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There it is: "Let's Make a Deal: Obama Poised to Break Campaign Promise and Extend Tax Cuts" [View All]

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stevedeshazer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-05-10 09:08 PM
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There it is: "Let's Make a Deal: Obama Poised to Break Campaign Promise and Extend Tax Cuts"
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In Exchange, Obama May Get Extension of Unemployment Benefits

http://abcnews.go.com/Politics/president-obama-poised-break-campaign-promise-extend-tax/story?id=12319088

President Obama appears poised to break one of his biggest campaign promises and agree to extend tax cuts to all Americans, not just those who make $250,000 or less, something Republicans have been demanding for months.

The payback for the president: he will get an extension of unemployment benefits.

"I think it's pretty clear now taxes are not going up on anybody in the middle of this recession. We're discussing how long we should maintain current tax rates," Senate Minority Leader Mitch McConnell, R-Ky., said this morning on NBC's Meet the Press.

In exchange, McConnell said he could agree to an extension of jobless benefits as part of a tax cut package.

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So, maybe a few billion in temporary unemployment benefits for $800 billion in tax cuts for the wealthy?

I didn't vote for this, dammit. Did you?
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