The obvious comparison that comes to mind, now that President Obama has officially relented on the GOP's insistence that all of the Bush tax cuts be extended, is to George H.W. Bush and his decision in 1990 to go back on his "No new taxes" campaign pledge.Obama, after all, repeatedly promised in his 2008 campaign to restore the rates on upper-income tax brackets to their Clinton era levels. As Dave Weigel noted on Monday, the contrast between the economic prosperity of the 1990s -- which played out despite dire warnings from Republicans that Clinton's 1993 push to hike...
Source: http://www.realclearpolitics.com/2010/12/07/obama_makes_a_good_deal_on_taxes_246915.html
John Barrasso John Cornyn John Edwards John Ensign John F. Kerry
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