Obama tax cuts gets cool reception

(02:11) Report

Jan. 8 - One major problem for President-elect Barack Obama is that his tax cut proposals are running into opposition from senators in his own party

Some leading Democrats in the Senate say Mr. Obama's plan for tax credits for companies that hire or retrain workers won't do much to stimulate the economy or create jobs. Jon Decker reports. SOUNDBITES: President-elect Barack Obama

  • Bill Beach, economist, Heritage Foundation

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