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Obama says tax breaks for superwealthy must end
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Obama says tax breaks for superwealthy must end
In a blunt challenge to Republicans in Congress, President Barack Obama insisted Wednesday that eliminating selected tax breaks for oil companies and the superwealthy must be part of any deficit reduction plan.
“That’s not radical,” he said at a White House news conference. He was quick to add that a bipartisan agreement is possible to cut deficits, raise the government’s debt limit and avert a threatened financial crisis.
http://www.thestar.com/business/article/1016677--obama-says-tax-breaks-for-superwealthy-must-end#.Tgt2X2R_jw8.twitter
Guest- Guest
Re: Obama says tax breaks for superwealthy must end
The president said members of Congress needed to stay in Washington until budget negotiations are finished — even if it means canceling other plans back home.
Obama said that while lawmakers have been taking regular recesses, he's been in Washington working and challenged lawmakers to "stay here" and "get it done."
"At a certain point," Obama said of congressional leaders, "they need to do their job." He added: "They're in one week, they're out one week ... They need to be here."
http://www.msnbc.msn.com/id/43575197/ns/politics-white_house/
Guest- Guest
Re: Obama says tax breaks for superwealthy must end
Wow wish he thought like that last year
tristen303- Member
- Posts : 663
Join date : 2011-02-24
Re: Obama says tax breaks for superwealthy must end
DesperateInRI wrote:The president said members of Congress needed to stay in Washington until budget negotiations are finished — even if it means canceling other plans back home.
Obama said that while lawmakers have been taking regular recesses, he's been in Washington working and challenged lawmakers to "stay here" and "get it done."
"At a certain point," Obama said of congressional leaders, "they need to do their job." He added: "They're in one week, they're out one week ... They need to be here."
http://www.msnbc.msn.com/id/43575197/ns/politics-white_house/
Boy am I glad to see this! Good for him. They should not be taking time away from washington during a crisis like this! Stay and do your JOB!
Guest- Guest
Re: Obama says tax breaks for superwealthy must end
I hope they all have to cancel vacations and do some work for a change. And I hope it will be "Give 'em hell Barry"
laine25- Member
- Posts : 247
Join date : 2011-02-21
Age : 59
Re: Obama says tax breaks for superwealthy must end
He's just worried about 2012. He is just a big wimp. He had his chance and caved.
troycomic- Member
- Posts : 144
Join date : 2011-03-13
Re: Obama says tax breaks for superwealthy must end
I think finally President Obama has had the Republicans fall into his trap. They did not know he would change his mind about the super tax cuts.
TR11005- Member
- Posts : 541
Join date : 2011-02-17
Re: Obama says tax breaks for superwealthy must end
He's done one term Pres good riddance bring Hillary on no more community organizers lol
tristen303- Member
- Posts : 663
Join date : 2011-02-24
Re: Obama says tax breaks for superwealthy must end
Oh yeah? who from your party is going to beat him?
lendmeflight2- Member
- Posts : 1219
Join date : 2011-02-21
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