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Bill Clinton 'very sorry' about tax remarks, agrees with Obama

Bill Clinton said Thursday that he's "very sorry" for comments he made days earlier that appeared to undermine President Obama's position on extending certain tax rates, chalking it up to a misunderstanding over when lawmakers needed to act ahead of a looming "fiscal cliff."

Report of tax cut compromise roils Dems

Democratic activists Thursday sharply criticized White House officials after a published report indicated that President Obama is likely to back a temporary extension of tax cuts for households with income over $250,000 a year.

Democrats divided on Bush-era tax cuts vote

Democrats cannot decide whether to hold a vote on extending tax cuts, as some lawmakers fear the issue could hurt their re-election chances in November.

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