Greg Sargent; "In the end, it’s all about the Bush tax cuts"

Greg Sargent:

When you step back and think about it, it’s kind of striking how central the Bush tax cuts have proven to our politics in recent years — and how central they will continue to be through at least next year, when the argument over them will help decide the Congressional elections and presidential race.

They are a defining issue at the heart of the broad ideological argument between the two parties. They were central during the 2010 elections, and they will again be central in 2012. They are a key cause of our current fiscal problems, and now they’re at the center of the supercommittee’s likely failure to do anything to solve those problems. MORE...