Dec 11, 2010

Bill Clinton backs Obama on Tax

The former U.S. President Bill Clinton pledges to Democrats to supports Obama on the tax deal which he negotiated with the Republicans on tax cuts.

"I don't believe there is a better deal out there," Mr Clinton said in a private meeting along with President Obama.

"Both sides are going to have to eat some things they don't like," Mr Clinton further added. "We don't want to slip back into a recession. We've got to keep this thing going and accelerate its pace. I think this is the best available option."

President Obama keeps hope the tax cuts deal will pass. 

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