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Washington Journal

Rep. Keith Ellison (D-MN)

Rep. Keith Ellison (D-MN)

Rep. Keith Ellison (D-MN)

Washington, DC

Progressive Caucus Co-Chair Rep. Ellison gives the latest on the debate over Pres. Obama’s deal with Republicans to extend tax cuts. Rep. Ellison opposes the deal. Pres. Obama agreed with Republicans to a deal that extends the tax cuts through 2010 for all tax brackets. The President also agreed to an estate tax at a maximum rate of 35 percent and an exemption of $5 million. Rep. Henry Cuellar (D-TX) joins the segment over the phone, and explains why he supports the agreement.

Updated: Tuesday, December 14, 2010 at 2:39am (ET)

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