Obama to Push for Partial Extension on Bush Tax Cuts

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Published: 09 Jul, 2012
1 min read

President Obama is expected to announce today at 11:50am EST, an initiative for a one year expansion of the Bush Tax cuts to families making less than $250,000 a year. The dynamic between the President, Democratic leadership and Republican opponents is one to watch this month as momentum builds towards a vote on taxes. Without action, the Bush Tax cuts will expire in their entirety on January 1st.

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