White House Gives In On Bush Tax Cuts

It's not a tax cut, but a tax increase.

To give the rich these tax cuts, we have to borrow $700 billion.  We will be adding $700 billion more debt -- So much for how concerned Republicans and teabaggers are with the deficit.

Here's Austan Goolsbee, Obama's own chairman of the Council of Economic Advisors, talking against it.
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