“We, unfortunately, can’t afford the tax cuts over the medium and long term,” Orszag said on CNN’s “Fareed Zakaria GPS.” “We face too large a deficit out in 2015, 2018, 2020.”
Orszag called for extending all of the Bush-era cuts for two more years and then letting all of them expire.
That was the original plan, let them expire. Then Peter shows up and demands that we renege on our promise to let them expire.
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