Possible tax deal would give big wins to both parties

WASHINGTON (AP) — An eleventh-hour drive by the White House and Congress to strike a deal extending dozens of mostly obscure tax cuts could end up delivering major political victories for President Barack Obama and House Speaker Paul Ryan. With little more than a year left in office and facing a frequently hostile GOP-led Congress, Obama was hoping an agreement would burnish his legacy by making permanent some expiring tax cuts for millions of families with lower-to middle incomes, younger chil

WASHINGTON (AP) — An eleventh-hour drive by the White House and Congress to strike a deal extending dozens of mostly obscure tax cuts could end up delivering major political victories for President Barack Obama and House Speaker Paul Ryan. With little more than a year left in office and facing a frequently hostile GOP-led Congress, Obama was hoping an agreement would burnish his legacy by making permanent some expiring tax cuts for millions of families with lower-to middle incomes, younger chil…