In remarks from the Old Executive Office Building on the heels of a meeting with Congressional leaders, President Obama announced that he has dispatched Treasury Secretary Tim Geithner and OMB Director Jack Lew to lead negotiations with both parties on a potential tax cut compromise.
Obama said the meeting revealed a “broad agreement” among Republicans and Democrats about the need to stop middle-class tax hikes before the end of year, but that the sides still disagree on extending current rates for higher-earners, which the president called “unwise.”
Read more: http://nation.foxnews.com/politics/2010/11/30/tax-evader-charge-tax-cut-negotiations#ixzz16oGpCFlf
