Palin Reveals 2012 Plans - Spokane, North Idaho News & Weather

Palin Reveals 2012 Plans

(CNN) - Former Alaska Gov. Sarah Palin voiced strong opposition to the tax cuts passed in both chambers of Congress and revealed her 2012 timeline.

"I think it's a lousy deal and we can do better for the American people," Palin said on ABC Friday.

The tax package the president will sign Friday concludes months of contentious politicking over a compromise between the White House and members of Congress, a deal Palin said is "still not good enough."

"You can term it compromise, I term it flip flop," Palin said. "I was thankful that he did but it's still not good enough."

The bill includes a two-year extension of the Bush-era tax cuts, a continuation of unemployment benefits for the long-term unemployed for 13 months, as well as a two percentage point cut in the payroll tax and the revival of the estate tax at a lower level.

When asked about her presidential intentions, Palin said "it's a prayerful consideration," but that she won't make the decision for "some months."

A NBC/Wall Street Journal poll released Wednesday indicated Palin trailing President Obama by 22 points in a hypothetical 2012 match-up, yet Palin remained defiant about her chances, citing the length of the primary season.