Tonight’s question, greetings, and banter here. (More)
As of 3pm ET, the Senate appear to be near a budget deal that includes: permanent 39.6% marginal rates for incomes over $400,000, a permanent fix of the Alternative Minimum Tax, permanent increase of the estate tax, a 5-year extension for tax credits for the working poor, and 1-year extensions of unemployment insurance benefits, wind energy tax credits, and the Medicare doc fix. The deal reportedly does not address the mandatory spending cuts in the August 2011 debt ceiling deal. Is this a good deal for hardworking families?