Extension of Bush Tax Rates Likely to Pass, Democrats Hardest Hit

There's a lot of grumbling on the Hill from Democrats desperate to raise taxes on the most productive Americans in the economy:

Slowly, painfully and reluctantly, congressional Democrats are slogging their way toward acceptance of President Barack Obama's tax cut compromise, which would let rich and poor Americans keep Bush-era tax cuts that were scheduled to expire this month.

After Obama publicly defended the plan for a third day Wednesday, and Vice President Joe Biden met with Democratic lawmakers in the Capitol for a second day, several Democrats predicted the measure will pass, mainly because of extensive Republican support.

Rep. Barney Frank, D-Mass., predicted the tax cut compromise "will be passed by virtually all the Republicans and a minority of Democrats." He said he would vote against it.

Even among Democrats, "there's more support in the caucus than there appears," Rep. Gerald Connolly of Virginia told reporters after he and fellow Democrats met with Biden. "I think some people felt they had to vent."

Obama said more congressional Democrats would climb aboard as they studied details of the $900 billion year-end measure.

Poor babies. The desire to raise taxes is apparently part of their genetic make-up, and that's what is causing them such pain at this missed opportunity.