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Overnight Open Thread

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albusteve8/05/2010 8:04:05 am PDT

Democrats are in a corner on the tax-cut debate, and they know it. If they follow President Obama’s plan and allow tax relief for the top earners to expire, they get blamed for the “biggest tax hike in American history.” But if they extend more than $3 trillion in tax cuts, most of them originally voted against in 2001, they get blamed for the biggest deficit in history. Sounds like fun.

interesting take on the conflict between letting the Bush tax cuts remain or expire…nobody seems to know for sure what will happen, but Fedzilla will do whatever it thinks will generate more feed

thehill.com