Monday, July 9, 2012

President Obama to push extension of middle-class tax cuts

U.S. President Barack Obama. PHOTO/File

President Barack Obama is launching a push to extend tax cuts for the middle class, starting with an address from the White House on Monday.

A senior administration official says Obama will call for a one-year extension of tax cuts for people making less than US$250,000 a year.

House Republicans are expected to push this month for a measure to extend all of the Bush-era tax cuts due to expire at the end of the year, including reductions on

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