For months liberal pundits have been crowing about how Democrats were in the catbird seat on the question of extending the Bush tax cuts. By running on a promise to extend them all except for an individual's income over $200,000 or $250,000 for a couple, they had a widely popular position, supported by majorities of the public as a whole and independent voters. Republicans, by arguing to extend all the cuts, were taking the minority view and contradicting their own professed commitment to deficit reduction. So presumably Democrats would either score a political victory by successfully passing popular tax cuts, or get to blame Republicans for holding middle-class tax cuts hostage to unpopular tax cuts for the rich if the Republicans successfully blocked the extension.
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