Tuesday, December 07, 2010

Left sees tax surrender, says Obama reelection bid now crippled

The Hill reports:
President Obama could be crippling his own reelection effort by making a deal with Republicans to extend all of the Bush-era tax cuts, Democratic strategists and liberal groups said Monday.

A two-year extension of tax rates ushered in by President George W. Bush nearly a decade ago, would ensure a resumption of today’s fiery debate in 2012, when Obama is expected to reapply for his job, strategists in both parties said.