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Maybe this proposal comes too late in the game and maybe the political strategists in the White House and on Capitol Hill are too stupid to take a guaranteed winner into the general election, but why not go for it?
It's probably worth noting that we're not 'gaining' any revenue from not extending those tax cuts. It's all basically money we don't have. But a lot of smart economist types believe that a short-term cut to payroll taxes would be a good move to combat the recession.