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Obama outlines tax cut deal that extends jobless aid

Publié par Clifford Armion le 12/07/2010

Lisa Mascaro and Christi Parsons

"Over the objections of many in his own party, President Obama on Monday announced a deal with Republicans to extend the Bush-era tax cuts for all taxpayers, keep jobless benefits flowing for 13 months and continue a series of tax breaks for the middle class.

"The deal, which breaks a weeks-long standoff between Republicans and Democrats, also includes a GOP-backed proposal to revamp the estate tax and lower Social Security payroll taxes by 2 percentage points to put more money into workers' pockets.

"Obama made it clear that he disagreed with some aspects of the deal in particular, the extension of tax cuts to the wealthiest earners, something he has vowed to fight since his election campaign two years ago."

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Pour citer cette ressource :

"Obama outlines tax cut deal that extends jobless aid", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juillet 2010. Consulté le 06/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/obama-outlines-tax-cut-deal-that-extends-jobless-aid