WHITE HOUSE GIVES IN ON BUSH TAX CUTS

-- HuffPost's Howard Fineman and Sam Stein: 'President Barack Obama's top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers. That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts ... 'We have to deal with the world as we find it,' Axelrod said ... 'The world of what it takes to get this done.'' http://huff.to/dmiW3E

Go to POLITICO Playbook Now >> http://www.politico.com/playbook