Wednesday, May 05, 2010

Bush-ama tax cuts: The $2.2 trillion decision

Amazing, isn't it? How many Bush policies Obama is keeping.

NEW YORK (CNNMoney.com) -- They're often called the "Bush" tax cuts. But at this point they might as well be called the Bush-ama tax cuts.

That's because President Obama has embraced the tax relief measures introduced in 2001 and 2003, proposing they be extended indefinitely for most Americans. If lawmakers do nothing, the measures expire Dec. 31.


Do tell.

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