"We can achieve 350 billion dollars in savings by avoiding these future reductions in the tax rates paid by the wealthiest taxpayers in the highest income brackets, and by maintaining the tax on estates above 4 million dollars. These wealthiest taxpayers will receive less of a tax reduction than they anticipated -- but they will still be receiving billions of dollars in new tax breaks. These future tax cuts for those at the top are not part of the fight against the recession. They are not scheduled to occur until long after the economy emerges from the downturn. In fact, taking fiscally responsible action now will actually help the economy -- by leading to reductions in long-term interest rates that have remained stubbornly high because of the fear that unaffordable tax cuts will lead to growing federal deficits throughout the decade. Reducing that threat will reduce the cost of long-term borrowing for businesses, and provide a stimulus for new job creation now. Future additional tax breaks for the wealthy do not deserve higher priority than strengthening education -- or covering prescription drugs under Medicare -- or protecting Social Security -- or meeting other urgent national priorities."