White House set to cave on letting Bush tax cuts expire

[Revere]

Because they know it's the right thing to do, above all, and because Democrats support extending them, too.

So it appears opposition to extending them was nothing but political posturing, which utlimately failed.

White House Considers 'Decoupling' Bush Tax Cuts Ahead of Midterms - FoxNews.com

The Obama administration is mulling a strategy that would break apart the Bush tax cuts, according to sources familiar with the matter. The plan would call for a permanent extension of cuts for families earning less than $250,000 a year, and a temporary extension of cuts on income above that level.