Sen. Mitch McConnell: No tax hikes coming
Sen. Mitch McConnell of Kentucky defended extending tax cuts for all income levels. Credit: AP
The Senate Republican leader says it’s become clear now that taxes will not be raised for anyone during the current economic downturn.
Sen. 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 Barack 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.
McConnell, R-Ky., tells 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, McConnell says he believes that unemployment compensation will be extended again.
Sarra Sounds Off, Ep. 15: LI's top basketball players On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island.
Sarra Sounds Off, Ep. 15: LI's top basketball players On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra and Matt Lindsay take a look top boys and girls basketball players on Long Island.
