It's a good thing the Democrats are in power...

Hoyer: Permanent middle class tax cuts too costly

"It's now official," Senate Republican Leader Mitch McConnell said Tuesday. "Top Democrats on Capitol Hill are starting to signal their intention to raise taxes on the middle class."

House Republican Leader John Boehner said, "The majority leader is dead wrong about the future of this country, and what we need to do, right now, to make sure the American dream is alive and well for our kids and grandkids."

On the spending side, Hoyer said Congress should consider raising the retirement age for full Social Security and Medicare benefits, and making those benefits progressive so that wealthier recipients get less than the needy.

Link:
http://www.google.com/hostednews/ap/article/ALeqM5iKz6hw1OFRhp4oE-Vb7atBMtnxTwD9GGEDKG1