The newly designated Chief of Staff to President-Elect Obama Rahm Emanuel made the rounds of the Sunday talk shows, appearing with fellow Clinton alumn George Stephanopolous on ABC. While Emanuel did not answer directly on whether the new administration would contemplate delay of the repeal of the Bush tax cuts for top earners, it appears that the President-elect will let those expire without delay. Emanuel told Stephanopoulos that the package would be a “net tax cut” with the focus on providing a tax benefit to the middle class. From my perspective Emanuel hit the right notes. With large increases in health care costs, energy costs, education costs and declining income the middle class has been buffeted as never before. We need help for average Americans, and we need it now.

From the Washington Post:

In the first interview of the first appointee to the new administration, Emanuel told ABC’s George Stephanopoulos on “This Week” that Obama’s economic plan “at this juncture is based on giving 95 percent of working Americans a tax cut.”

“Over the years, the middle class has been squeezed consistently by rising costs on education, health care and energy, as well as a diminishing income,” Emanuel said. “You must have an economic program that focuses on them. … It was built on the fact that the middle had been hurt. And to have a strong recovery, and a sustained recovery over a period of time means that the middle class must the focus of the economic strategy.”

Emanuel’s chief message for the day: “We have a huge economic crisis here at home that is looming large. That is going to be the focus of his policies. … The business of what we have to do when we get sworn in is focusing on what the American people care about. Priority one is the economy.”

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