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Obama Aides Suggest Rollback of Bush Tax Cuts Could Be Delayed

Ace of Spades HQ found this 11/23/2008 on blogs.wsj.com

Cam Simpson reports from Washington. Aides to President-elect Barack Obama suggested on Sunday that he wouldn’t immediately implement a pledged rollback of tax cuts for the top tier of American income earners, because of the worsening economic outlook. A senior adviser to Obama confirmed that New York Federal Reserve President Timothy Geithner would be the administration’s nominee for Treasury secretary, and added that the Obama team was gratified by the late rally on Wall Street on ...