Obama unlikely to repeal Bush tax cuts, extra $500-700b stimulus likely.

[Jacobtm]

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http://www.politico.com/blogs/thecrypt/1108/Schumer_stimulus_package_500700_billion.html

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http://www.politico.com/blogs/bensmith/1108/Obama_not_likely_to_push_repeal_of_Bush_tax_cuts.html

Well $500-700b would certainly help make this recession lighter, but wow...

[Keystone Phil]

So he's all talk? You're kidding me!

[opebo]

Keyston Phil, the key word here is postpone.  Of course increases taxes on the wealthy doesn't actually effect the economy, but it is certainly understandable of the Obama administration to avoid even risking this unlikely event.