The white house and congressional republicans have reached a deal that will extend the bush tax cuts for all americans for two more years.In a statement this evening at the White House, President Obama spelled out the terms of a major agreement that will also extend unemployment benefits, among several other provisions.
"We have arrived at a framework for a bipartisan agreement. For the next two years, every American family will keep their tax cuts. Not just the Bush tax cuts, but those that have been put in place for he last couple of years that are helping parents and students and other folks manage their bills," Obama said.Sources tell the president pushed for several items in the deal, including a 13-month extension of unemployment benefits beyond the current limit of 99 weeks. That will help some 9 million Americans.
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