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User Info Tax Deal: BARF; entered at 2010-12-06 23:04:47
Tomified
Posts: 1285
Registered: 2008-03-13 MO
"All Bush tax rates extend for the next two years. This has no net impact from today. That is, today's deficits will remain as so will the tax rates."

Likely not the case for the immediate future. OMB deficit predictions would take into account the expiration of the Bush tax cuts. That would present a rosier picture. They also had a sitting president who told the American people he would let them expire.
2010-12-06 23:04:47