The wrangling continues over the Bush-era tax cuts. President Barack Obama said he was confident Democrats and Republicans could break the deadlock and reach a deal soon. But with time running out, there is something of a game of chicken being played by the two sides. Each is watching to see who blinks first, and with the economy still struggling, both know the stakes are high.
Tales from the Trail
WASHINGTON – Rock bands Pearl Jam and R.E.M., the founder of Craigslist, consumer activists and others who backed Barack Obama’s technology-fueled presidential win told the Illinois Democrat on Thursday that they expect him to return the favor.