The U.S. House is expected to take up extending the Bush tax cuts this week.  

Last week the Senate approved extending the tax cuts for those earning less than $250-thousand dollars a year.

Walden says he'd like to see congress agree to a one year extension of the tax cuts and then work on real tax reform going forward.

Many feel final agreement on these tax cuts may not be reached until after the Presidential election.

The tax cuts are set to expire at the end of the year.