The Bush Tax Cuts Will Wait Until After the Midterms

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.

Presented by

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

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Politics

Just In