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Senator predicts no tax-hike deal amid talks on rate extensions
Senate conservative Jim DeMint told CBS he believes Obama will accept keeping Bush era tax rates in place temporarily for all, including the wealthy. Treasury secretary Geithner and budget chief Lew met lawmakers to seek a deal. Rep. Van Hollen urged extending unemployment benefits, warning against a permanent top-tier tax cut. McConnell said Republicans oppose letting rates rise for the wealthy and predicted a Senate vote to extend current cuts.
MENTIONED IN THIS ARTICLE
Washington
Senate
Barack Obama
Jim DeMint
CBS
Obama
Chris van Hollen
D-Md
Dave Camp
R-Mich
Camp
van Hollen
ABC
White House
Mitch McConnell
Kentucky