Office of Management and Budget, “Mid-Session Review: Budget of the U.S. Government, Fiscal year 2011 (Aug. 13, 2010)

(Administration proposes allowing all of the 2001 and 2003 tax cuts applicable to taxpayers with annual incomes above $200,000 ($250,000 MFJ) to expire, which is estimated as a $629 billion tax increase between 2011 and 2020; proposal also includes limiting tax rate applicable for itemized deductions for the same taxpayers, which would increase taxes by an additional $292 billion).