Are Republicans about to cave on the extension for the middle class tax cut and unemployment? That’s the word from our highy credible sources on capital hill right now:
(TheNote) — My prediction: House Republicans will soon – probably within 24 hours – cave in and accept the two-month extension of the payroll tax cut passed last week by the Senate. I base this on conversations with House Republicans who know they are losing the public relations battle and losing it badly. They know they are taking the blame for a stand-off that threatens to raise taxes on 160 million Americans. And they cannot let that happen.