Obama Advisor David Axelrod Says That Middle Class Tax Cut Will Still Happen

   Obama advisor David Axelrod appeared on NBC's Meet the Press on Sunday, and as expected, the economy and Obama's plans to fix it came up.

   On middle-class tax cuts:

   MR. GREGORY:  As the economy quickly deteriorates and continues to move in the wrong direction almost on a daily basis, has the president-elect changed his view about taxes?  And by that I mean has he made a decision to put off any tax increases or even a middle-class tax cut, as he talked about for the, for the short term?

MR. AXELROD:  No.  Look, we feel it's important that, that middle-class people get some relief now.  He's promised a middle-class tax cut.  This package will include a, a portion of that tax cut that will become part of the permanent tax cut he'll have in his, his upcoming budget.  It's, it's, it's vital people are, are--need money in their pockets to, to spend.  That'll help get our economy going again.

  People, we are in for some interesting times the next few years. I'm waiting to see how the Republicans manage to bog those tax-cuts down and out of existence.

   A deal will be made so that Obama will get some of his tax package for the middle class and the Republicans will get to keep some of the Bush tax-cuts for the wealthy instead of letting them expire as they should.

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