The Bush Tax Cuts Will Wait Until After the Midterms

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The Bush tax cuts are already an issue for the November election, as the president's harshest critics have rallied around the idea that Obama and Democrats want to raise taxes, and it appears the issue will hang in its current political stasis until after November 2.

TalkingPointsMemo's Brian Beutler and Christina Bellantoni reported earlier today:

A senior Senate Democratic aide told TPM today there won't be a vote on extending the Bush tax cuts in the upper chamber before the November election, a blow to party leaders and President Obama who believed this would have been a winning issue.

And Beutler subsequently reported:

After a House Democratic caucus meeting this morning -- but before the news broke on the Senate side -- key legislators were mum, and aides pessimistic, that the House will do what Speaker Pelosi wants to do: force a vote on tax legislation that will put Republicans on the record backing tax cuts for the wealthiest Americans.

Read the full posts at TalkingPointsMemo.

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Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

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