The Associated PressWASHINGTON (AP) — Displaying a new style of compromising, President Barack Obama invited Democrats and Republicans alike to the White House on Friday for the signing of a massive tax package that frayed his relations with liberals, caused him to abandon a pledge not to extend tax cuts to the rich and heralded a new balance of power in the capital.The package retains Bush-era tax rates for all taxpayers, offers 13 months of extended unemployment benefits to the jobless and attempts to stimulate the economy with a payroll tax cut for all workers.The agreement, struck 10 days ago between the White House and Senate Republican leader Mitch McConnell, was more bipartisan than the signing ceremony, however.Read more on NewsOK.com
Read more
0