i think democrats are looking at this bill and you ve already had a whole bunch of them that say, this makes sense. i think the more they look at it the more of them are going to say this makes sense. as i indicated you just had economists over the last 24, 48 hours examine this and say, this is going to boost the economy, it is going to grow the economy, it is going to increase the likelihood that we can drive down the unemployment rate, and it s going to make sure that 2 million people who stand to lose unemployment insurance at the end of this month get it. that folks who count on college tax credits or child tax credits or the earned income tax credit that they are getting relief and tens of millions of americans are not going to see their paychecks shrink come january 1st. this is the right thing to do. i expect everybody to examine it carefully. when they do i think they ll feel confident that in fact this is the right course, while understanding that for the next two years we ar
first, i think it s inaccurate to characterize democrats at large as feeling, quote, unquote, betrayed. i think democrats are looking at this bill, and we ve already had a whole bunch of them who have said, this makes sense. when they look at it, the more of them are going to say this makes sense. as i ve indicated, you ve had economists over the last 24, 48 hours examine this and say, this is going to boost the economy. it s going to grow the economy. it s going to increase the likelihood that we can drive down the unemployment rate. and it s going to make sure that 2 million people who stand to lose unemployment insurance at the end of this month get it. that folks who count on college tax credits or child tax credits or the earned income tax credit, that they re getting relief. and that tens of millions of americans are not going to see their paychecks shrink come january 1st. so this is the right thing to do. i expect everybody to examine it carefully. when they do, i think they
describe democrats at large as feeling betrayed. i think democrats are looking that the bill and already had a whole bump of them who said this makes sense and the more they look at it more of them are going to say this makes sense. as i indicated, you just had economists the last 24, 48 hours examine this and say this is going to boost the economy it is going to grow the economy, increase the likelihood we can drive down the unemployment rate and it is going to make sure that 2 million people who stand to lose unemployment insurance at the end of this month get it, that folks who count on college tax credits or child tax credits or earned income tax credit, that they are getting relief and that tens of millions of americans are not going to see their paychecks shrink come january 1st. so this is the right thing to do i expect everyone to examine it carefully. when they do i think they will feel confident that, in fact this had is the right course, while understanding that for the
likely be to extend all bush era tax cuts for all income brackets for two years. what i m being told more and more democrats are increasingly concerned about obama is going to cave. he ll cave on giving them something in return. which specifically, though, what concessions are they most worried about not getting? i ll tell you. they say look, if we re going to agree to extend at least temporarily the tax cuts for the wealthiest americans i want to get stuff in return. what they are talking about on their wish list is competenting unemployment benefits for a pretty lengthy period of time without having to pay for it. which is something republicans have demanded. there are other tax rise credits that democrats have choind making more pay tuition, college tax credits that s on their wish list they are hoping to get in return for a compromise. but, again, i ve talked to
compromise may or may not be in the works? i am told by several democratic and republican sources that they are close to a compromise to extend all bush tax cuts for all income brackets for temporarily two years. what i am told is that the democrats are trying to do is to get some things in return for this. what i am told and this is interesting by most democratic sources is that the democrats on capitol hill are concerned that the president and the white house will not push hard enough for those. one source said that they are worried that the president is going to cave on trying to get the priorities for them. what are we talking about here? democrats have a long list a wish list of republican concessions they want in exchange for temporarily extending all tax cuts and things like unemployment benefits and work-pay tax credits and working college tax credits, but the democrats i