Barack Obama, the Democrats and the Middle Class

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For this November's elections, the Democrats have portrayed themselves as the party of the middle class. With the Bush-era tax cuts scheduled to expire on December 31, the key was to extend them for incomes under $250,000, while allowing taxes to rise for the richest Americans. But last week that strategy came to an end, when Democratic leaders said they'd postpone a Congressional vote until the elections were over.

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Host:

Warren Olney