While direct participants in these talks insist there is no deal as of yet, multiple reports suggest
the outlines of an agreement are coming together. Republicans would get a two-year extension on all Bush-era rates; Democrats would get a 13-month extension of federal unemployment benefits, and tax breaks included in the Recovery Act, including the Make Work Pay and college-tuition tax credits. The possibility of raising the debt ceiling now, as opposed to next year, also appears to be in the mix. (According to the
NYT, the one thing the White House
wants most in the negotiations is an extension of unemployment aid, which officials consider critical to the health of the economy.)
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