The Tax Clock is Ticking

By Matthew Continetti

Published September 20, 2010 4:20pm ET

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The Tax Clock is Ticking — When is Congress going to extend the 2001 and 2003 tax cuts? President Obama wants to extend those cuts only for households making less than $250,000. Republicans want to extend all of the tax cuts, at least temporarily, so that the country doesn’t raise taxes in the middle of a terribly weak economic recovery. More than […]

When is Congress going to extend the 2001 and 2003 tax cuts? President Obama wants to extend those cuts only for households making less than $250,000. Republicans want to extend all of the tax cuts, at least temporarily, so that the country doesn’t raise taxes in the middle of a terribly weak economic recovery. More than 30 House Democrats, and 5 Democratic senators, support the Republicans.

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