UPDATE: Several Georgia Democrats seeking re-election in November are among 47 in Congress who are going on record – and joining Republicans – in favor of extending the Bush tax cuts to everyone, including the wealthiest.
Washington political blogger Jamie Dupree has come across a letter (PDF) the Democrats sent to House Speaker Nancy Pelosi spelling out why they support the extension:
By keeping dividends and capital gains tax rates linked and low for everyone, we can help the private sector create jobs and allow seniors and middle class households to save and invest more.
Among the signees: Reps. John Barrow (District 12), Sanford Bishop (District 2) and Jim Marshall (District 8). Absent from the list are Reps. John Lewis (District 6), David Scott (District 13) and Hank Johnson (District 4).
Meanwhile, Politico.com reports Liberal Democrats sent a letter of their own to Pelosi requesting a vote to extend Bush-era income tax cuts for all but the nation’s top earners.
President Barack Obama and other Democratic leaders want the tax cuts only for individuals making less than $200,000 and married couples making less than $250,000.