President Obama adviser slams Republican pledge as a rehash

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http://news.yahoo.com/s/afp/20100926/pl_afp/uspoliticseconomycongress_20100926145706

A top adviser to President Barack Obama on Sunday slammed Republican plans to cut taxes for wealthier Americans as a recycled failed policy.

"When you look at that 'Pledge to America,' it is a complete echo of what was done before," senior Obama adviser David Axelrod told ABC television's "This Week" program.

"It would borrow 700 billion dollars to cut taxes for the very wealthy, add trillions of dollars to the deficits."

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Senate Majority whip Dick Durbin on CNN television, that his and Obama's Democrats "could have done some things better" Sunday.

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Without Obama's economic team "we would have been in a deeper recession, maybe even a depression," Durbin said. "They just proudly announced they want to return to that."