martin feldstein, chairman of reagan's council of economic advisors,
says we need to raise taxes:

http://money.cnn.com/2010/07/07/news...n_bin&hpt=Sbin

In May, conservative economist Martin Feldstein, who was President
Reagan's top economic adviser and now sits on Obama's recovery
advisory board, wrote in a Wall Street Journal commentary that while
he favors temporarily extending the cuts for everyone, the country
can't afford to make them permanent.