[Moonman62]

You're both right. This article is behind, and the current tax cut is better than the one Bartlett is criticizing, however, some of his criticisms still hold. The Bush administration still isn't sure if it's Keynesian or supply-side, the tax cut needs to be divided by 10 to get the real value, and it won't create nearly enough jobs.

[JohnGalt]

While I agree that its unlikely this tax cut will have a major impact on new jobs, passing a capital gains cut is exactly what Bush's 2001 tax cut lacked. Bush's 2001 plan merely accounted for bracket creep/inflation, which worse, is offset by the AMT for many folks. There was nothing really, 'pro-growth' about it.

The cut in the capital gains tax is a pro-growth piece and hats off to the House Republicans and Bush for pulling one over on what is clearly a dysfunctional body in the United States Senate.