Geithner: GOP’s tax cut support welcomed
WASHINGTON — Treasury Secretary Timothy Geithner says the administration is encouraged to hear Republicans say they would support President Barack Obama’s plan to extend tax cuts to the middle class.
Geithner says in a speech that the administration would welcome the GOP votes. The Obama administration has proposed extending the 2001 and 2003 Bush-era tax cuts for the middle class. But it would let the tax cuts for the top 2 percent of taxpayers expire at the end of this year.
House Minority Leader John Boehner, R-Ohio, said Sunday that he would vote for Obama’s tax plan if that were the only option available to House Republicans.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Retired judge to hear McDaniel's challenge of primary loss to Cochran
- PSC's Brandon Presley calls in-state nuclear waste dump a 'harebrained scheme'
- Officials set hunting dates for birds; expands dove season by 20 days
- State's jobless rate remains highest in U.S.
- Former DMR manager pleads guilty to embezzlement
- GOLF ranks state's courses; Fallen Oaks, Dancing Rabbit make top 100
- Court ruling on Section 42 leaves taxpayers on hook for tax repayments
- Wisconsin man pleads guilty to illegal wildlife trapping
- Jackson air fares among most expensive in the nation