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Pelosi: Bush Tax Cuts "Did Not Create Jobs" And Should Be "Repealed"

"My stance is that the Bush-era tax cuts contributed to the deficit, did not create any jobs and that they should be repealed," Speaker of the House Nancy Pelosi said at her weekly briefing. House of Representatives leader Nancy Pelosi said on Thursday she backs letting lower tax rates for high income earners expire at year-end, despite opposition by several Senate Democrats who argue the economy is too fragile for higher taxes.

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