On the Radar: December 7, 2010

Obama, GOP reach deal to extend tax breaks
By Lori Montgomery and Shailagh Murray, The Washington Post
President Obama and congressional Republicans have reached a tentative accord on a far-reaching economic package that would preserve George W. Bush administration tax breaks for families at all income levels for two years, extend emergency jobless benefits through 2011 and cut payroll taxes by 2 percent for every American worker through the end of next year. Read more

Tax deal suggests new path for Obama
By David M. Herszenhorn and Jackie Calmes, The New York Times
President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy. Read more

Deal struck on tax package
By Jonathan Weisman, John D. McKinnon and Janet Hook, The Wall Street Journal
President Barack Obama reached agreement Monday with Republican leaders in Congress on a broad tax package that would extend the Bush-era income tax cuts for two years, reduce worker payroll taxes for one year and give more favorable treatment to business investments. Read more

Middle Man
By John Dickerson, SLATE
President Obama could have worn a cape. Speaking to reporters about a deal to extend the Bush tax cuts and unemployment insurance, he offered a dire narrative of what might have been. Ideologues in both parties were locked in a dangerous game with no concern for the welfare of the American people. "Without a willingness to give on both sides, there's no reason to believe that this stalemate won't continue into next year," he said. A stalemate would mean a tax increase for everyone, and tax cuts for the hardest-hit would expire, along with unemployment benefits. Read more

WikiLeaks founder Julian Assange arrested in sex case
By Henry Chu, Los Angeles Times
Julian Assange, founder of the controversial WikiLeaks website, was arrested here Tuesday morning at the request of Swedish authorities who want to question him about allegations of sexual assault, Scotland Yard said. Read more

Deal adds to uncertainty, debt
By Edmund Andrews and Jim Tankersley, National Journal
The great suspense over the Bush tax cuts is almost over. But the great uncertainty, bemoaned by Republicans and business groups, is if anything greater than ever. Read more

Wikileaks' Julian Assange arrested in Britain for sex crimes
With Pierre Thomas, ABC News
The latest cable leak to anger U.S. authorities includes a list of installations vital to America's national security and interests. View

In tax deal with G.O.P., a portent for the next 2 years
By Peter Baker, The New York Times
For President Obama, this is what bipartisanship looks like in the new era: messy, combustible and painful, brought on under the threat of even more unpalatable consequences and yet still deferring the ultimate resolution for another day. Read more

Angry member groups shun U.S. Chamber of Commerce
By  Jeanne Commings, POLITICO
The U.S. Chamber of Commerce is under fire from some local chambers over its hard-hitting $75 million ad campaign to elect a Republican House, with dozens of hometown groups distancing themselves from the effort and a handful even quitting the national group in protest. Read more

High court to hear Wal-Mart's appeal in sex bias suit
By Joan Biskupic, USA Today
The Supreme Court announced Monday it will hear Wal-Mart's appeal in a civil rights class-action lawsuit brought on behalf of hundreds of thousands of female workers at the nation's largest retailer. Read more

Wal-Mart sex bias case may be too big
With Pete Williams, NBC News
The Supreme Court announced Monday it will hear Wal-Mart's appeal in a civil rights class-action lawsuit brought on behalf of hundreds of thousands of female workers at the nation's largest retailer. View

Elizabeth Edwards’s cancer spreads
By Jeff Zeleny, The New York Times
Elizabeth Edwards’s long battle with cancer has intensified, with the disease spreading to her liver and doctors advising against additional medical treatment, two family friends said Monday. Read

Posted: Tue, 12/07/2010 - 11:02am