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)

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