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Politics:

Obama Open to Tax Cut Compromise, With Conditions

President Obama told Congressional leaders Saturday that he was open to a compromise on extending the Bush-era tax cuts, but threatened to veto if the deal didn’t include an unemployment extension. Speaking with Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, Obama said he would consider permitting a renewal of Bush era tax cuts for all taxpayers, including the wealthy, but that Republicans would be expected to include commitments to some Democratic priorities. Obama wants an extension of jobless benefits in addition to extensions of the tax cuts that benefit middle class families.

View Source: http://www.foxnews.com/politics/2010/12/05/obama-open-tax-cut-compromise-conditions/