Obama Tax Cuts Likely Soon (click title to entry)
Senior Adviser Says Middle Class Needs 'Some Relief Now'
By Philip RuckerWashington Post Staff Writer
Monday, December 29, 2008; Page A04
HONOLULU, Dec. 28 -- President-elect Barack Obama's economic stimulus plan will include an immediate tax cut for middle-class families, and the incoming administration hopes to enact permanent tax cuts soon thereafter, a senior adviser to Obama said Sunday.
David Axelrod said the stimulus package will be implemented soon, given the worsening economy, and could cost $675 billion to $775 billion. The massive recovery plan will seek to create or save 3 million jobs, he said in appearances Sunday on NBC's "Meet the Press" and CBS's "Face the Nation."...
