Friday, December 10, 2010

Obama predicts success for tax deal - CNN.com

"Washington (CNN) -- President Barack Obama said Friday he's confident that Congress will pass a compromise tax package despite the objections of House Democrats.
'Nobody -- Democrat or Republican -- wants to see people's paychecks smaller on Jan. 1 because Congress didn't act,' Obama said in an interview with National Public Radio.
'And I think that the framework that we've put forward, which says not only that people's taxes don't go up on Jan. 1, but also that we extend unemployment insurance for a year, that we make sure that key provisions like the college tax credit, the child tax credit, the earned-income tax credit are included -- that that framework is going to serve as the basis for compromise.'"

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