House Democrat Leaders Not Persuaded by Obama on Taxes

By: Associated Press
By: Associated Press

Washington, D.C. (AP) - House Democratic leaders have not been
persuaded by President Barack Obama's arguments in favor of a tax
deal he made with Republicans that would extend income tax rates
for all Americans, including the wealthy.

House Speaker Nancy Pelosi says that, so far, the response has
not been very good.

Another House Democratic leader, Rep. Chris Van Hollen of
Maryland, says he can't recommend the package to his colleagues.

The leaders met Tuesday afternoon, following a news conference
in which Obama called on lawmakers to approve the plan.

Many House Democrats are unhappy that Obama negotiated a package
that extends tax rates for the wealthy, and imposes a lower estate
tax. Pelosi calls the estate tax provision "a bridge too far."

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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