Speaker of the House Nancy Pelosi (D-CA) expressed concern about increased deficits if tax cuts are extended for all earners. Pelosi said Democrats support "tax cuts for America's middle class in a way that is consistent with pay-as-you-go."
See "Pelosi Statement on Bipartisan White House Meeting," found at http://pelosi.house.gov/news/press-releases/2010/11/pelosi-statement-on-bipartisan-white-house-meeting.shtml.
Posted by James G. Haskell, Senior Associate Editor, Wealth Strategies Journal.

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