Congress Skeptical About Obama's Tax

Congress Skeptical About Obama's Tax Cut Summit, Schumer's $1 Million Proposal

Faced with a tough decision to make on the expiring Bush tax cuts, Congress and the White House did Tuesday what they do best: They passed the buck.

With the resolution to a fight Washington has known was coming for 10 years still hanging in the balance, a small group of legislators will meet with top executive-branch officials, including Treasury Secretary Timothy Geithner and Office of Management and Budget Director Jacob Lew, sometime this week -- perhaps as early as Wednesday Read more