Friday, December 3, 2010
WASHINGTON (AP) -- A deal to extend expiring tax cuts for all taxpayers is starting to take shape even as Senate Democrats plan weekend votes on bills that would let the tax cuts for the wealthy die.
The White House is seeking to expand the tax package to include other measures designed to boost the nation's sluggish economy. Among the proposals are extending jobless benefits for millions of unemployed workers and continuing tax breaks that were part of President Barack Obama's economic recovery package enacted last year.
Without action by Congress, unemployment benefits will run out this month for 2 million people.
Democrats also are seeking to extend Obama's Making Work Pay tax credit, which provides tax credits of up to $400 for individuals and $800 for married couples.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
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