Politics

Republicans Will Have to Accept Bush Tax Cuts Expiration If Obama is Reelected

Not much Republicans on Capitol Hill will be able to do, say lawmakers

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Republicans are admitting now that they will have to accept President Obama's tax plan to let the Bush tax cuts expire on income above $250,000, which could stop the gloom ahead of the looming fiscal cliff

The Washington Post rounded up four GOP lawmakers who said they would consider Obama's re-election a referendum on tax policy, which has been a major point of division between him and Mitt Romney on the campaign trail