Tax showdown clears way for yearend deal

Senate Republicans derailed legislation Saturday to extend expiring tax cuts at all but the highest income levels in a political showdown that paradoxically clears a path for a compromise with the White House on steps to boost the economy. “We need to get this resolved and I’m confident we can do it,” President Barack Obama said shortly after the near party-line votes. The public must have “the peace of mind that their taxes will not go up” on Jan. 1, he added. Obama has signaled that he will bow to Republican demands for extending tax cuts at all income levels,
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PayPal pulls the plug on WikiLeaks

WikiLeaks has lost a major source of revenue after the online payment service provider PayPal cut off its account used to collect donations, saying the website is engaged in illegal activity. The announcement also came as WikiLeaks is struggling to keep its website accessible after service providers such as Amazon dropped contracts, and governments and hackers continued to hound the organization. The weekend move by PayPal came as WikiLeaks’ release of hundreds of thousands of United States diplomatic cables brought commercial organizations on the Internet that have business ties with the organization under more scrutiny. WikiLeaks also is under legal
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