Is the White House caving? According to Fox News sure seems that way…
(David) Axelrod, who confirmed to Fox News comments he made to The Huffington Post, suggested that the administration is ready to accept an across-the-board continuation of current tax ates, marking a turnaround from the White House’s pre-midterm election stance on impending tax increases.
Republicans made a pledge to stop all the tax hikes scheduled for Jan 1, 2011. It would appear that with this move from the White House, they are keeping to their promise, even it is temporary.
Is this an olive branch being extended from the Democrats?
Will the Republicans play ball?