Kai Ryssdal talks to Heidi Moore of Dealbook and Felix Salmon of Reuters about extending the Bush-era tax cuts, revamping the tax code and what impact it'll have on the economy.
Whether it's called a stimulus package or not, many economists believe that President Obama's tax cut extension agreement with Republicans will stimulate the economy.
Obama announced he has reached an agreement with Republicans over taxes. The deal will keep the Bush-era tax rates the same for all Americans for two years, in exchange for a handful of credits and cuts the President wanted.
Marketplace's Nancy Marshall Genzer takes a look at the compromise over Bush-era tax cuts and unemployment benefits. The negotiations may even have an impact on the 2012 presidential elections.