November 11th, 2010
03:30 PM ET

McConnell 'willing to listen' on temporary extension of Bush tax cuts

Ted Barrett and Dana Bash

Washington (CNN) – Senate Republican leader Mitch McConnell of Kentucky, who supports making permanent all the Bush-era tax cuts, signaled Thursday he's open to considering compromises with the White House to temporarily extend them instead.

"I'm willing to listen to what the President has in mind for protecting Americans from tax increases," McConnell said.

McConnell issued the statement shortly after White House advisor David Axelrod was quoted suggesting the White House was prepared to accept a temporary extension of tax cuts for both wealthier Americans and the middle class.

McConnell's comments were in contrast to House Republican Leader John Boehner of Ohio who as recently as Wednesday insisting that all the tax cuts be made permanent.

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Filed under: 360° Radar
soundoff (4 Responses)
  1. nell

    Why is no one talking about sending jobs overseas? I thought the main reason for the Dems loosing in the mid-term were jobs, jobs, jobs. Speaking of the economy, look at all the millions tossed across the country during the mid-term campaigns. These billionaires and millionares could have thrown this money into the economy to create jobs. I guess when you are rich, you can buy and do anything you want. So.... why do they need a tax break?

    November 12, 2010 at 8:10 am |
  2. Melissa Collins

    The Problem isn't with The Bush Tax Cuts or Social Secuity, the problem with the economy is all of the jobs lost due to us losing our jobs to other countries. The American Government is not going to solve our unemployment problems unless something is done with the companies sending our jobs to over seas countries. These companies are bringing growth to other counties and leaving us behind. To renewed growth in the states, we need to stop giving these companies tax breaks for nothing, only give them if they bring jobs back.

    November 11, 2010 at 8:23 pm |
  3. dorothy williams

    If President Obhama gives in to the Bush tax extention it's over for him

    November 11, 2010 at 8:09 pm |
  4. Sam

    If these tax cuts, for the small 2% of America, are so good for the economy why haven't they been helping during this time of recession?

    November 11, 2010 at 6:15 pm |