Differences remained over details, and some Democrats continued to object to any plan that would continue Bush-era tax rates at the highest income levels.
Without action, however, Congress faced the prospect of letting the tax rates revert to higher pre-2001 and 2003 levels, and delivering a tax hike to all taxpayers. Negotiations between the Obama administration and a bipartisan group of lawmakers centered on a two-year extension of current rates.
At the same time, Friday's jump in the unemployment rate to 9.8 percent added pressure on Republicans to accede to President Barack Obama's demand that Congress extend unemployment insurance for a year.
