Economists Agree: Extending Tax Cuts Aids Economy

Economists Agree: Extending Tax Cuts Aids Economy

Speaker of the House John Boehner has recently touted a list of 88 economists who warn against the expiration of tax cuts on high-income earners. These economists came together from some of the country's top universities, think-tanks and business organizations to write that the expiration of the tax cuts pushed by President Obama "will hurt the economy and must be stopped before it goes into effect."

Speaker Boehner also touted a study from Ernst and Young conducted for the National Federation of Independent Businesses that found that allowing tax rates to go up on...