re: #242 cliffster

Yes.

foxnews.com

The budget extends the middle class tax cuts passed by the Bush administration in 2001 and 2003, but lets cuts for the wealthy expire to help pay for his plan. Those cuts were due to expire at the end of 2010. If Congress approves Obama’s recommendations, the Bush tax cuts would expire only for couples making more than $250,000 per year.

and

nj.com

With his budget proposal tomorrow, Obama will urge Congress to extend all of the Bush-era tax cuts for those who make less than $250,000 a year and to end those cuts for everyone who makes more than that, as he promised in his campaign.