Democrats Drop Insistence On Millionaire Tax Hike To Pay For Payroll Tax Cut

Posted by | December 14, 2011 21:28 | Filed under: Top Stories


Democrats have compromised again.

In what would be a major concession, President Obama and Senate Democrats will drop their insistence that a surtax on millionaires pay for extending the payroll tax cut, a Democratic source tells CNN. This would be part of a new Democratic offer.

The move comes after Senate Majority Leader Harry Reid and other top Senate Democrats met with President Obama at the White House earlier today.

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Copyright 2011 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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