The Hill News

This week, President Obama and Republican negotiators announced a deal that will extend all of the 2001 and 2003 tax cuts for two years while also extending unemployment benefits for 13 months, preventing the estate tax from being fully reinstated and cutting payroll taxes for a year. As I’ve been saying all year, no American should face a tax increase in this economic environment. Our top priority must be preventing a tax hike on any American.

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