The Hill News

The deal the president cut with Senate Minority Leader Mitch McConnell (R-Ky.) is a sign of things to come for soon-to-be ex-Speaker Nancy Pelosi (D-Calif.).

Obama announced that he had a deal to extend the Bush tax cuts (or prevent tax increases, if you prefer) and at the same time extend unemployment insurance to 99 weeks for slightly more than a year. There are also a variety of other cats and dogs included in the package, including a package of tax extenders that various industries desperately needed.

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