Politics & Government

November 10, 2010 4:20 PM

Temporary extension of Bush-era tax cuts gaining momentum

A compromise appears to be in the works that would extend the Bush-era tax cuts, including those for the wealthy, for two years. Nothing is certain, however, and some Republicans are insisting the cuts should be made permanent. The cuts, for both the wealthy and the middle class, will expire on Dec. 31 if Congress doesn't act.

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