Clinton Differs With Obama in Urging Short Tax-Cut Extension
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Former President Bill Clinton said Congress may have to temporarily extend all expiring tax cuts and spending into early 2013 to give lawmakers time to reach a deal on deficit reduction.
Clinton’s stance contrasts with that of President Barack Obama, who has said tax breaks for high earners should expire as scheduled at the end of 2012. Republicans in Congress seized on the statements to urge extensions of all the tax cuts.