The delayed Bush tax hike (aka the Bush tax cuts) has been delayed by a compromise. I call them the delayed Bush tax hike because President George W. Bush gave us a temporary tax cut which would have expired this year giving us a tax hike. This was discussed in this blog a few days back as the Bush tax increase.
There have been numerous new articles and endless commentary on this on this so I won’t add much more for now, just point to 2 of the more interesting comments I have seen.