The Dam Is Cracking

According to my sources, Judy Woodruff just announced on CNN that Teddy Kennedy is going to call for a repeal of the tax cuts.

And please, no sophistry about how this is not really a tax increase, because it happens in the future. If changing the legislation so that the cuts don’t take effect isn’t a tax increase, then the original legislation didn’t constitute a tax cut. Sorry, you can’t have it both ways.