The Tax Clock is Ticking | The Weekly Standard

The Tax Clock is Ticking | The Weekly Standard:

When is Congress going to extend the 2001 and 2003 tax cuts? President Obama wants to extend those cuts only for households making less than $250,000. Republicans want to extend all of the tax cuts, at least temporarily, so that the country doesn't raise taxes in the middle of a terribly weak economic recovery. More than 30 House Democrats, and 5 Democratic senators, support the Republicans."