Tags: democrats | hoyer | tax | deal | obama | gop

US House Democrats Not Part of Obama Tax Deal-Hoyer

Tuesday, 07 Dec 2010 11:48 AM

WASHINGTON - House Democratic leaders did not reach a deal on tax cuts with U.S. President Barack Obama during a White House meeting on Monday, House Majority Leader Steny Hoyer said Tuesday.

Obama on Monday announced the outline of a deal with congressional Republicans on legislation to extend for two years all Bush-era tax cuts. Many House Democrats do not want those lower tax rates extended for the wealthiest. (Reporting by Kim Dixon and Donna Smith; Editing by Paul Simao)

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved