Are The Democrats Folding On The Bush Tax Cuts?

 

 

Earlier this week, Bill Clinton suggested that the Bush-era tax should be extended in order to avoid the fiscal cliff. He warned that we should try “to avoid doing anything that would contract the economy now.”

But, that’s not what he meant to say. He meant to say, “I support [Obama’s] position, and I think on the merits, upper-income people will have to contribute to long-term debt reduction.” Clinton needed to recant/clarify his statements in order to confirm his support of Obama’s reelection. But his misstep illuminates the growing indecision among Senate Democratic leaders who can’t come to a consensus about the threshold for extending theBush tax cuts… Read More

 

Follow on Ology: David Barnett | PoliticOlogy

Follow on Twitter: @blankbarnett  |  @OlogyPolitics

 

 

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