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November 11, 2010

Axelrod: Admin to Accept Extension of Bush Tax Cut for Wealthy
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The Obama administration meanwhile has given new indications it will
accept Republicans’ push for an extension of the Bush-era tax cuts for
the wealthiest Americans. President Obama had previously called for
maintaining the cuts for everyone except those making $250,000 or
higher. But in an interview with the Huffington Post, White House
adviser David Axelrod suggested the administration has no choice but to
extend the tax cuts across the board, so long as Republicans insist on
keeping them for the wealthy.



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