Chicago Breaking News, with mitigating greenie and mass transit plugs for The One. Of course much of the country can't get to work using mass transit and greenie cars are expensive, impractical in the cold and over distance, not to mention having to charge up with electricity probably powered by coal plants.
As Andrew Sullivan says, taxing "the rich" is not enough...More here.In his speech Wednesday, Mr. Obama will use himself as an example to make the case for raising taxes on the wealthy, while preserving those for the middle class. "People like him, as he'll say, who've been very fortunate in life, have the ability to pay a little bit more," Mr. Plouffe said.
Eliminating the Bush tax cuts for the highest earners, however, will only put a small dent in the projected deficit.
Republicans contend that raising top rates would hurt small businesses and cut into cash that might otherwise turn into consumer spending. Mr. Ryan said on NBC's "Meet the Press" Sunday that "If you go down the tax increase path you're sacrificing the economy."