President Being Forced to Defend Himself

From Bloomberg - President Barack Obama defended the tax-cut deal he reached with Republican leaders as a pragmatic compromise grounded in the realities of families who otherwise could have seen their taxes rise or jobless benefits halted. Obama, confronting complaints from Democrats in Congress that he gave too much ground by keeping lower rates for the wealthiest Americans for two more years, made no apologies. He said he was unwilling to risk a broad tax increase on Jan. 1 that would have made middle-class families and the economic recovery “collateral damage” in “a political fight.”  “This isn’t an abstract debate,” Obama said at a news conference yesterday. “This is real money, for real people, that will make a real difference in the lives of the folks who sent us here.” Read full story here:
Share/Bookmark

0 comments:

Post a Comment