President states his case for tax compromise with GOP

President Barack Obama's proposed deal with Republican leaders in Congress to extend tax cuts for two years is catching plenty of criticism within his party. But at a televised news conference, Obama defended the agreement as good for the country. The president said he remained opposed to tax cuts for wealthy individuals, but said he was unlikely to convince Republicans to extend the tax breaks just for the middle class. | Wall Street Journal
Business groups critical of Obama policies praise tax deal. | Bloomberg
Why compromise could help Obama. | ABC News
Obama's allies in the Capitol give the agreement a harsh review. | Politico
Why the left is fuming. | Washington Post
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