GOP, Dems nearing deal on taxes, jobless benefits - AP
WASHINGTON – An outline of a bipartisan economic package is emerging that would temporarily extend the Bush-era tax rates for all taxpayers, while extending jobless benefits for millions of Americans.
Differences remained over details, including White House demands for middle- and low-income tax credits. But Republicans and Democrats appeared to come together Sunday, raising the possibility of a deal in Congress by the end of the week.
Some Democrats continued to object to extending current tax rates for high earners.