Greg Sargent says the White House is denying that they're willing to accept tax cuts -- just yet, anyway:
The White House is sharply denying the Huffington Post story I noted below claiming that David Axelrod signaled a willingness to accept a temporary extension of all the Bush tax cuts, claiming that their position remains unchanged.
There is not one bit of news here. I simply re-stated what POTUS and Robert have been saying. Our two strong principles are that we need to extend the tax cuts for the middle class, but we can't afford a permanent extension of the tax cuts for the wealthy.
And White House comm director Dan Pfeiffer adds:
The story is overwritten. Nothing has changed from what the President said last week. We believe we need to extend the middle class tax cuts, we cannot afford to borrow 700 billion to pay for extending the tax cuts for the wealthiest Americans, and we are open to compromise and are looking forward to talking to the Congressional leadership next week to discuss how to move forward. Full Stop, period, end of sentence.
The question remains, though, whether the White House will hold fast to Obama's demand last week that the extension of the tax cuts for the middle class remain permanent while extending the high end ones temporarily. The main sticking point is that Republicans won't allow the two categories to be extended for different durations, because that would force them to push for just an extension of the cuts for the rich later.
You mean even Republicans know how bad it looks?