Tax Cuts May Spur Economy...

Tax Cuts May Spur Economy, Limit Need to Extend Fed Purchases

Ian Katz and Rich MillerDec 08, 2010 12:00 am ET

Dec. 8 (Bloomberg) -- President Barack Obama’s agreement to prolong Bush-era income-tax cuts may reduce pressure on the Federal Reserve to extend its $600 billion bond-purchase program while spurring U.S. economic growth. More...