Economists: Extend Bush tax cuts

This CNN article looks at the debate on wether the tax cuts put in place by Bush should be renewed, cancelled, or edited. The current administration seems to be favoring continuing the cuts for the working class but ending them for the highest level. Economists disagree with this viewpoint By extending the cuts economists believe that this will greatly help the economy. As our recent classes have shown the economy is number one on the minds of many Americans and many feel it should be our number one or only priority. Recovery is going slower than expected and while our government desperately needs to pull in more money, many believe that the average American simply can't afford a hike. Congress has some time before they must decide, but this topic will be closely watched by the media and the people.

Article: http://money.cnn.com/2010/09/19/news/economy/what_to_do_economists_survey/index.htm?hpt=T2

-Kayla Carson