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Senate Moves Toward Tax-Cut Compromise

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Senate Moves Toward Tax-Cut Compromise

U.S.

Senate Moves Toward Tax-Cut Compromise

Senate Moves Toward Tax-Cut Compromise

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  • <iframe src="https://www.npr.org/player/embed/1257625/1257626" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Republican members of the Senate Finance Committee agree to reduce President Bush's tax-cut proposal to $350 million. The compromise worked out with committee Democrats preserves the president's proposed tax cut on stock dividends. Some Republicans fear the limited cuts will fail to give the economy a significant boost. NPR's David Welna reports.