President Barack Obama's top political aide Wednesday defended the tax plan the president hammered out with Republican leaders, even as Democrats threaten to rebel over it.

David Axelrod insisted the most important thing was that Obama had been able to secure a two-year extension in current income tax rates for "the middle class."

Democrats are angry that the extension also applies to high earners, as Republicans had demanded, and that Obama agreed to a Republican proposal on the estate tax

Obama is doing the right thing here with this compromise. Democrats criticize him for making so many compromises but if he didn't compromise things would never move along in politics. I think its great that he is trying to make Democrats and Republicans work together and actually make a difference in this country.