Sunday, January 25, 2009

Summers and Boehner on Meet the Press Jan. 25

Larry Summers, who heads Obama's National Economic Council, said on Meet the Press this morning that it's likely the Obama administration will let the Bush tax cuts expire next year. Republicans would like to let these tax cuts for the rich continue. Obama wants to give more tax cuts to the middle class.
What Obama is inheriting:

House republican leader John Boehner says there's too much government spending in the plan.