Last week I noted that Kent Conrad, the chair of the Senate Budget Committee and a member of the cat food commission, appeared to support extending all of the Bush tax cuts, including those on the top 1% of earners. This would cost hundreds of billions of dollars and not stimulate the economy in any way.

In an interview with Mike Stark, Conrad backtracked on that claim somewhat, saying that he was misinterpreted in his comments, and that he would prefer an extension of the lower-end tax cuts before those on the wealthiest.