Less than a day after President Obama took Republicans to the mat over their push to extend Bush tax cuts for the wealthy, the Senate's most conservative Democrat has reiterated his opposition to letting those cuts expire. But Obama isn't forcing his hand. In fact, he won't threaten to veto any attempt to extend the tax cuts for the wealthy.
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"I support extending all of the expiring tax cuts until Nebraska's and the nation's economy is in better shape, and perhaps longer, because raising taxes in a weak economy could impair recovery," reads a statement from Sen. Ben Nelson (D-NE).
The majority of Democrats support renewing most of the Bush tax cuts. But all the cuts are set to expire at the end of the year, so Congress will soon choose which to extend. Obama wants Congress to send him a bill making the tax cuts on the middle class permanent and letting the cuts for the wealthy expire. But Republicans are holding out for at least a two year extension of all the cuts, and if they, along with Nelson and other Democrats, are willing to filibuster, they could force Obama's hand.