Showing posts with label House Republicans Push Plan To Renege On Tax Deal By Cutting Unemployment Benefits. Show all posts
Showing posts with label House Republicans Push Plan To Renege On Tax Deal By Cutting Unemployment Benefits. Show all posts

Thursday, May 26, 2011

House Republicans Push Plan To Renege On Tax Deal By Cutting Unemployment Benefits

As tough as the tax deal was to swallow last December, it is about to get even worse, as Republicans are trying to eliminate the key piece of the agreement that helped working Americans. At the time, President Obama had to make the difficult compromise of extending the high-end Bush tax cuts, an unnecessary tax break for millionaires, in order to keep tax rates low for 98 percent of Americans and to continue funding for extended unemployment benefits through the end of 2011.