Did the White House 'Cave' On the Bush Tax Cuts?

That's the question this morning: Has the White House indeed signaled it would make a deal with Republicans to temporarily extend the Bush tax cuts on earnings over $250,000?

David Axelrod reportedly told The Huffington Post that Obam was indeed ready to make a deal, during a 90-minute interview in his office. Huffington Post does not quote Axelrod as saying so, directly at least. "I don't want to trade away security for the middle class," Axelrod is quoted as saying.

Huffington Post's headline declared that the White House "Gives In" on the Bush tax cuts--"giving in" being quite an unsavory thought for political types, who generally don't admit to giving in to anything, even when they have.

Now, Axelrod tells National Journal that he didn't say that. Katy O'Donnell reports:

"We're willing to discuss how we move forward," Axelrod said in an e-mail to National Journal refuting the Huffington Post story, "but we believe that it's imperative to extend the tax cuts for the middle class, and don't believe we can afford a permanent extension of tax cuts for the wealthy."

Operatively, the important tidbit here seems to be that Axelrod is struggling with the possibility that Republicans will insist on a full extension so adamantly that, if the White House maintains its position, the tax cuts for earnings under $250,000 won't get extended.

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.

How a Psychedelic Masterpiece Is Made

A short documentary about Bruce Riley, an artist who paints abstract wonders with poured resin

Join the Discussion

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

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

How a Psychedelic Masterpiece Is Made

A short documentary about Bruce Riley, an artist who paints abstract wonders with poured resin

Videos

Why Is Google Making Skin?

Hidden away on Google’s campus, doctors are changing the way people think about health.

Video

How to Build a Tornado

A Canadian inventor believes his tornado machine could solve the world's energy crisis.

Video

A New York City Minute, Frozen in Time

This short film takes you on a whirling tour of the Big Apple

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we save the night sky?

More in Politics

Just In