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Still, many complained that the bill was an expensive giveaway to.

Dec 17, President Obama, joined by Vice President Biden, speaks before signing a compromise bill that extends the Bush-era tax cuts for all Americans, December 17, CBSEstimated Reading Time: 5 mins. Dec 06, President Obama announced a broad"framework" with Republicans that would extend all Bush-era tax cuts for two years, keep the dividend and capital gains tax at 15 percent and temporarily cut Estimated Reading Time: 6 mins. Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent.

The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by abouttrillion between and Estimated Reading Time: 12 mins. Nov 23, It extended the Bush tax cuts through and unemployment benefits through It cut payroll taxes by 2 percentage points, addingbillion to workers' spendable income.

It extended a college tuition tax credit. It also included 58 billion in industry-specific tax cuts.

Obama’s deal revived the inheritance tax that had been eliminated inbut had Estimated Reading Time: 8 mins. Jul 09, WASHINGTON - President Barack Obama is expected to call on Congress to pass a one-year extension on the Bush-era tax cuts for people earning less than, a bushclear.buzzg: Nashville TN.