Obama: Republicans blocking middle-class tax cuts

Posted in the Minneapolis Forum

Bob Schmahl

Minneapolis, MN

#1 Dec 8, 2012
Obama: Republicans blocking middle-class tax cuts

Source: AP-Excite

By MATTHEW DALY

WASHINGTON (AP)- President Barack Obama said Saturday that Republicans in the House are blocking a bill that would prevent a tax increase on the first $250,000 of income earned by all Americans.

The Democratic-controlled Senate has approved the measure, but Obama said House Republicans have "put forward an unbalanced plan that actually lowers rates for the wealthiest Americans." Obama supports a plan to raise taxes on families earning more than $250,000.

In his weekly radio and Internet address, Obama said "the math just doesn't work" on the GOP plan.

Obama's comments mark the fourth time since his re-election that he has used the radio address to push for middle-class tax cuts as part of a plan to avert a looming fiscal cliff - and his most sharply partisan tone.

FULL story at link.

Read more: http://apnews.excite.com/article/20121208/DA3...
goose

Chicago, IL

#2 Dec 8, 2012
Effing Republicans hate the middle class!

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