Will Dems Pursue a Millionaire's Tax?

David Leonhardt, New York TimesDemocrats have left themselves in a tough spot on the Bush tax cuts. After delaying the issue until after the election and then being trounced in that election, they find themselves with little leverage.If they cannot come up with a plan that can win 60 votes in the Senate, which means at least two Republican votes, Republicans can filibuster any bill. All of the tax cuts would then expire on Dec. 31.

Lisa Marie Lisa Snowdon Liz Phair