Obama tax plan runs into opposition in Senate

 
By STEPHEN OHLEMACHER
Published: January 8, 2009

WASHINGTON (AP) — President-elect Barack Obama 's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs.

Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and ind...


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