Pelosi Gives Bush Tax Cut Compromise The Big N-O

Speaker Nancy Pelosi will not give ground on her opposition to extending the Bush tax cuts on the wealthiest Americans, even as the White House and other Democrats have signaled that it might be time to compromise. "It's too costly. It's $700 billion," Pelosi told NPR this morning. "One year would be around $70 billion. That's a lot of money to give a tax cut at the high end. And I remind you that those tax cuts have been in effect for a very long time, they did not create jobs."