Cole Recommends Extending Bush Tax Cuts for All but 2 Percent

I think we ought to take the 98 percent deal right now. It doesn’t mean I agree with raising the top 2. I don’t.

— Rep. Tom Cole (R-OK), urging colleagues in a private session “to vote to extend the Bush tax rates for all but the highest earners before the end of the year — and to battle over the rest later,” Politico reports. The conservative Republican said that he believes such a vote would not violate Grover Norquist’s anti-tax pledge and that he’s not alone within Republican circles.

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