The extension of the tax cuts for the wealthiest americans is expected to cost about eighty billion dollars Over two years. The deal also includes tax cuts aimed at middle income americans and businesses. Senate minority leader mitch Mcconnell said republi support the deal. He said it was an important step to take for the americans people. Before the agree ment senate republicans had threatened to block other measures unless the tax cuts for the richest americans were extended. Some democreats were disappointed that president obama agree to the compromise. In two thousand eight he campaigned in the promise that he. Would continue rax cuts for the middle class.