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Axelrod Hints At A Deal On Bush Tax Cuts

From the George Soros front group, the Huffington Post:

White House Gives In On Bush Tax Cuts

Howard Fineman and Sam Stein

WASHINGTON — President Barack Obama’s top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts, given the legislative and political realities facing Obama in the aftermath of last week’s electoral defeat.

"We have to deal with the world as we find it," Axelrod said during an unusually candid and reflective 90-minute interview in his office, steps away from the Oval Office. "The world of what it takes to get this done."

"There are concerns," he added, that Congress will continue to kick the can down the road in the future by passing temporary extensions for the wealthy time and time again. "But I don’t want to trade away security for the middle class in order to make that point."

Although the president "took the position he felt was the right position" — favoring a continuation of the cuts only for families earning up to $250,000 — Axelrod portrayed this "optimal" stance as unrealistic in the lame-duck Congress that begins next week.

For one, time is not on the administration’s side. All of the tax cuts, enacted in 2001 and 2003, will expire at the end of this year unless Congress acts. The Republicans in effect "built in tax increases," Axelrod said. And separating out different categories of tax cuts now — extending some without extending others — is politically unrealistic and procedurally difficult, he added.

Notice that even now Mr. Axelrod is trying to blame the GOP for for its "built in tax increases." Never mind that in actual fact the Republicans tried to make these tax cuts permanent at the time they were passed, but the Democrats and the (Democrat controlled) CBO would not permit that during ‘budget reconciliation.’

"We don’t want that tax increase to go forward for the middle class," he said, which means the administration will have to accept them all for some unspecified period of time. "But plainly, what we can’t do is permanently extend these high income taxes."

There is nothing ‘plain’ about this, apart from the plain attempt at the class warfare.

In other words, the White House won’t risk being blamed for raising taxes on the middle class even though, arguably, it is the GOP’s refusal to separate the categories that has put Obama in this bind. The only condition, at least initially, seems to be that the tax cuts for the wealthy not be extended "permanently."

Gosh, those Republicans are wily. They seem to have run rings around the famously brilliant Obama.

A student of history [sic] and a onetime political reporter, Axelrod expressed curiosity and even some optimism about the tea party [sic], suggesting that Obama could work with them on matters such as a ban on spending earmarks and on winding down the war in Afghanistan.

If so, Obama would turn the Clinton-era triangulation strategy on its head, reaching out not to the moderates in the other party but to the new breed of conservatives who could bring the ideological arc of Congress full circle.

This is what passes for journalism at the Huffington Post.

Can the White House work with them? "It is a fascinating time in our history," he said, "and I don’t think anybody really knows. I mean I have watched carefully some of these folks on television. I don’t think this is nearly as predictable as people think."

President Obama, in fact, has called every new Republican senator-elect and many of the incoming GOP House members — "well over 100 calls" in all, said Axelrod

It sure doesn’t sound like Mr. Axelrod is all that "optimistic" about this to us. But if Mr. Obama does manage to co-opt any Tea Party members, it would be clear that they were never really Tea Party members.

By the way, did you know that Mr. Axelrod’s son, Ethan Axelrod,  also just happens to be employed by the (Soros funded) Huffington Post?

What a small world, huh?

This article was posted by Steve on Thursday, November 11th, 2010. Comments are currently closed.

4 Responses to “Axelrod Hints At A Deal On Bush Tax Cuts”

  1. proreason says:

    As predicted.

    Sure, they would rather eat elephant dung than let a capitalist keep a dime, but all of that pales in comparison to their genetic imperative to retain power. There is NO price they won’t pay for that.

    Look for more concessions that would make Lenin turn over in his grave over the next 2 years.

    Bill Maher, and other raging lunatics, are already arguing that the Moron is a great capalist.

    Meanwhile, through executive orders and other illegal activities, they will continue chipping away at the cornerstones of freedom.

    • heykev says:

      They have already waited too long to restore the Bush Tax cuts. Companies cannot properly plan their end of year budgets and plan for the coming year. But that is Bush’s fault too.

      Wonder how long it will take to sort through all the executive orders, regulations that were enacted by his socialist Czars and others once he leaves office (hopefully in 2012).

      Also interesting to see that Alelrod’s 22-year-old son is now “editor” at the new Huffington Post new local edition in Denver bypassing the reporter part of his journalism career. But then again, since when did anything at the HuffPo resemble journalism.

  2. Illusions says:

    The WH is already backtracking on this.

    How Far will the White House Compromise on the Bush Tax Cuts?
    November 11, 2010 10:01 AM

    White House Senior Adviser David Axelrod is giving further indication that the White House may be ready to cede ground to Republicans on the issue of extending the Bush tax cuts — but only to a certain extent.

    The tax cuts enacted in the early years of the Bush administration are set to expire at the end of the year if Congress does not act. President Obama has urged Congress to extend the tax cuts for all Americans, except for the top 2 percent of income earners. Letting the tax cuts lapse for the top 2 percent would save the government $700 billion over the next 10 years, the president has repeatedly argued….

    Axelrod reiterated to the Washington Post’s Greg Sargent, “Our two strong principles are that we need to extend the tax cuts for the middle class, but we can’t afford a permanent extension of the tax cuts for the wealthy.”

    White House communications director Dan Pfeiffer tried to downplay the Huffington Post article, telling Sargent that the article was “overwritten.”

    He added, “Nothing has changed from what the president said last week.”


  3. tranquil.night says:

    They morph language and use test narratives like a science, so any non-clarity in this situation is usually because another message is being sent. I believe Bam and Axe are trying to give the indication to politically wounded Dems that they can vote for and he won’t veto a complete extension. He’s trying to fool his kook base. Same thing with the deficit commission results but in reverse – trying to fool Republicans and the people by stirring it up with a useless and meaningless proposal.

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