Was Boehner caving? Selling out? Playing politics at the expense of sound economic policy? Now look who's waffling:
House Speaker Nancy Pelosi Thursday renewed her pledge to pass an extension of the Bush tax cuts for the middle class, but now she’s leaving the door open to extending the tax cuts for upper-income Americans.
The California Democrat, speaking in the same room House Minority Leader John Boehner (R-Ohio) appeared in earlier in the day, said that the “only thing I can tell you is the tax cuts for the middle class will be extended this Congress,” leaving open the possibility that cuts for people making more than $250,000 could be extended at some point, too.
Gee, I wonder what may have inspired Madam Speaker's change of heart? Maybe it's her caucus' brewing mutiny on taxes. Maybe it's her own members' growing revolt on Obamacare. Or perhaps she's just trying to save her own political skin.