President Obama urges tax cut extension

President Obama has called on Congress to approve a one-year extension of Bush-era tax cuts for the middle class. The measure would affect residents earning

BROOKLYN - President Obama has called on Congress to approve a one-year extension of Bush-era tax cuts for the middle class. The measure would affect residents earning less than $250,000 a year. If Congress fails to pass an extension, more than 50 temporary tax breaks for individuals and businesses could be slashed by the end of the year.

advertisement | advertise on News 12

Trending Video

The victims, both males, are 15 and 18 1 The Buzz: East 55th Street shooting
Animal rights activists continued to protest outside the 2 Protesters gather outside Ringling Bros. Circus
The We Are the Resistance fundraiser allowed artists 3 Fundraiser highlights works of female 'resistance' artists
4 Brooklyn Sportscast, Feb. 24
VIDEO: News conference on Chatham helicopter crash 5 VIDEO: News conference on Chatham helicopter crash

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE