Obama mulls up to $310 bn in tax cuts

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Washington: in the Senate at least, where fairness is typically the rule, and give both sides an opportunity to have input, to have it -- a true bipartisan stamp -- he's likely to get significant support," McConnell told ABC's "This Week."

As a result of last November's elections, Democrats will enjoy expanded majorities in both the 100-member Senate and 435-member House.

Yet Republicans will hold at least 41 Senate seats, enough to sustain procedural roadblocks known as filibusters provided they keep all of their members in line.

Having rolled to victory on Election Day with a promise of change after eight turbulent years under Republican President George W. Bush, Democrats are under pressure to produce.

Their campaign vows include ones to withdraw US troops from Iraq and redeploy many of them in Afghanistan; expand health care; bolster regulation of the financial industry and develop alternative energy sources while curbing emissions that contribute to global warming.