Obama supports Bush tax cuts, to a point

President Obama is asking Congress to extend the Bush tax cuts, except for taxpayers who make over $250,000.

So will Democrats now admit that President Bush had a good idea?

Should Republicans oppose the proposal because it will raise taxes on wealthier Americans?  Or will Democrats kill or will the president veto the measure if it includes everybody?

Will this help the recovery or just increase the deficit?

How do you think this plays out?

Obama Calls for Extending Middle-Income Tax Rates – Businessweek.