Skip to main content

Marc Gerson Quoted in Reuters on Deal to Extend Bush Tax Cuts

Subtitle
"Tax Deal Edges Forward Despite Doubts"

Reuters

Marc Gerson comments on the compromise bill put forward by the Obama administration that will extend the Bush tax cuts, as well as unemployment benefits. Although not a sure thing, many analysts believe the bill, which is likely being drafted by a Senate committee, will pass with a coalition of Republicans and more conservative Democrats. "I imagine they are now working on this," said Gerson, who previously worked on the tax-writing committee in the House. "A lot of it has already been drafted, so a lot will be cut and paste."