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Obama still opposes extending Bush-era tax cuts for rich

President Barack Obama continues to oppose extending Bush-era tax cuts for wealthier Americans, the White House said on Wednesday, shrugging off calls from some Democrats for a temporary extension to make more time for a deal on deficits.

Report of tax cut compromise roils Dems

Democratic activists Thursday sharply criticized White House officials after a published report indicated that President Obama is likely to back a temporary extension of tax cuts for households with income over $250,000 a year.

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