White House Gives In On Bush Tax Cuts

It's not a tax cut, but a tax increase.  We have to borrow another $700 BILLION in order to give the rich a tax cut.

We will be adding $700 billion more to our 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.



Read the Article at HuffingtonPost