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Bush Obama now talking $300 bn in tax cuts
AMERICAblog News| A great nation deserves the truth — ... UPDATE: Okay, I just visited Josh Marshall's "Talking Points Memo" and saw that Josh had posted about this story late last night. Here is what Josh had to say: ...

News Flash: Obama to Fulfill Campaign Promises!
Angry Bear — Tom Bozzo is amazed at the reaction of leading figures in the left blogiverse to the W$J's "news" that there will be tax cuts as part of the stimulus. See Aravosis, Digby, Krugman, Marshall. Can we cancel the circular firing squad? As far as I can tell from the Journal's reporting, the main tax elements are largely indistinguishable from what Obama was promoting in the fall. Here, for instance, is a snippet of the third debate: [Bob Schieffer:] Senator Obama, you proposed $60 billion in tax cuts for middle- income and lower-income people, more tax breaks to create jobs, new spending for ...

So What's the Problem?
Talking Points Memo — ... Since my earlier post was more arch and cryptic, I wanted to expand on what seems to be the problem with the Obama stimulus plan, as revealed in the current round of leaks. I would point to three key issues. And I'm going to base these three on the premise -- which is by no means clear -- that the business tax cuts included in the bill aren't particularly egregious on their own terms but rather ones that make some economic sense in the situation we find ourselves in. ...

Obama's clever fiscal stimulus strategy
The Next Right — Barack Obama appears to be making significant overtures to cultivate Republican support for his fiscal stimulus plan with massive tax cuts (albeit short-term tax shifts rather than structural changes or actual cuts).  The Leftroots (and Paul Krugman) are fairly upset about this.  Kevin Drum says this attempt to win bipartisan support (rather than just the few Republican votes he absolutely needs to secure passage) is a bad idea, because Obama is making concessions he doesn't have to make and diluting ...