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