offered a "deal" to President Obama on tax cuts for the wealthy, due to expire in December: keep them going one more year. This would follow the previous "temporary" two-year extension. The White House doesn't see this as a bargain:
"What we ought to be doing is extend the current tax rates for another year with a hard requirement to get through comprehensive tax reform one more time," said Senate Minority Leader Mitch McConnell, R-Ky., speaking on CNN's State of the Union.
President Obama and aides have shown little interest in a one-year extension, saying the Bush tax rates should be extended for middle-class Americans but ended this year for the wealthiest.
..."Do you think we are a Bush tax away for a millionaire away from a flourishing economy?" [Former White House press secretary Robert] Gibbs said. "Or should we protect and keep taxes low for middle-class families and give them a chance?"