House and Senate Pass Phase Out of Bush Tax Cuts

It's a, good start, but we are in a deep hole, both in terms of the Federal budget deficient and the economy, and the Wall Street types who created this whole, and benefit from this hole, need to pay more of their share of the hole.

The maximum marginal tax rate needs to be increased, probably into the 45% to 50% range for people making over $½ million a year, because we are going to need massive government spending to avoid Japan's 15 year deflationary trap, and we have massive infrastructure needs that have to be addressed regardless of the state of the economy.