Congress Extends Tax Cuts, Passes Along Costs

Congress extends $146 billion worth of popular, middle-class tax cuts and adds the cost onto future federal budget deficits. The cuts were scheduled to expire at the end of this year. Some lawmakers say the fiscal implications of the tax cuts are overshadowed by election-year politics. Hear NPR's Andrea Seabrook.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: