LOUISVILLE, Ky. (WHAS11) -- On Sunday the Senate republican leader, Mitch McConell, says Americans should not expect a raise in taxes for anyone during this economic downturn. He says “I think it's pretty clear now taxes are not going up on anybody in the middle of this recession. We're discussing how long we should maintain current tax rates and there are other issues that many people feel are important to address.”
On Saturday Senate republicans voted down democratic efforts to limit any extension of the Bush-era tax cuts for the top earning Amercians. President Barack Obama then signaled a willingness to give in to republican demands that the tax cuts that expire at the end of the year be extended at all levels.
On the issue of aid to jobless Americans, McConnell says he believes that unemployment compensation will be extended again.