WASHINGTON (AP) — The Senate Republican leader on Sunday said it’s become clear now that taxes will not be raised for anyone during the current economic downturn.
Senate Minority Leader Mitch McConnell’s assessment comes a day after Senate Republicans voted down Democratic efforts to limit any extension of the Bush-era tax cuts for the top-earning Americans.
President Obama then signaled a willingness to give in to Republican demands that the tax cuts that expire at the end of the year be extended at all levels.
Mr. McConnell, Kentucky Republican, told NBC’s “Meet the Press” that the question on tax cuts is how long they might be extended.
On the issue of aid to jobless Americans, Mr. McConnell said he believes that unemployment compensation will be extended again.
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