President Barack Obama’s top adviser said the administration hasn’t given into Republican demands for a permanent extension of Bush-era tax cuts for high-income Americans while leaving the door open to a temporary continuation.
“We believe that it is imperative to extend tax cuts for the middle class,” David Axelrod, a senior White House adviser, said in an e-mailed statement. Referring to top earners, He said, “We don’t believe that we can afford to borrow another $700 billion in the next decade” to continue the tax cuts for “the top two percent.”
Axelrod sent the statement after the Huffington Post reported this morning that he suggested in an interview the White House would accept an across-the-board extension of tax cuts passed in 2001 and 2003 that are set to expire at the end of the year.
Good... The $700 billion dollars it would take to offset the tax-cuts for the millionaires that don't need it could be put to better use... I hope he holds firm on that one...
"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther
The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill
Ask VL if oil is more or less heavier than water. 
