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The White House Explains The Tax Cut Fight

Austan Goolsbee reproduces an easy-to-follow chart showing the differences between continuing the Bush tax cuts and the proposed Obama tax plan. Goolsbee was on The Rachel Maddow Show last month as she first showed the chart from Ezra Klein at

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Austan Goolsbee reproduces an easy-to-follow chart showing the differences between continuing the Bush tax cuts and the proposed Obama tax plan. Goolsbee was on The Rachel Maddow Show last month as she first showed the chart from Ezra Klein at the Washington Post. The figures came from the Joint Committee on Taxation.

Goolsbee's appearance can be seen in this post at Crooks & Liars, seen here.

Introducing White House Whiteboard. In this first edition, Austan Goolsbee, Chair of the Council of Economic Advisers here at the White House, tackles the tax cut fight and what it means that Congressional Republicans are "holding middle class tax cuts hostage" as the President has said.

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P.S. The White House have linked their YouTube video to a site that supports Glenn Beck. That's some serious snark and thumb-nosing.

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