Morning After PILL: Lipless Mitch calls giving Repubs exactly what they want a "bipartisan plan" [View All]

[Amerigo Vespucci]

White House aides said Vice President Joe Biden will ask Democratic lawmakers to swallow their objections to the administration's proposed compromise with the GOP when he attends a closed luncheon with senators at the Capitol. Obama's plan would extend Bush-era tax cuts for all Americans, including the richest, while also extending unemployment benefits and reducing payroll taxes for a year.

Democratic leaders gave a cool reception to Obama's proposals but did not rule them out. House Speaker Nancy Pelosi said the compromise plan shows that Democrats want to help low- and middle-income workers while the GOP's chief concern is the wealthiest Americans.

The president had barely stopped speaking Monday before top Republicans applauded his proposals, while most Democrats kept a sullen silence.

Senate Minority Leader Mitch McConnell, R-Ky., thanked Obama for "working with Republicans on a bipartisan plan to prevent a tax hike on any American and in creating incentives for economic growth."

http://news.yahoo.com/s/ap/20101207/ap_on_bi_ge/us_tax_cuts