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Obama says tax breaks for superwealthy must end

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Obama says tax breaks for superwealthy must end

Post by Guest on Wed Jun 29, 2011 4:07 pm

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

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Re: Obama says tax breaks for superwealthy must end

Post by Guest on Wed Jun 29, 2011 5:37 pm

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/


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Re: Obama says tax breaks for superwealthy must end

Post by tristen303 on Wed Jun 29, 2011 6:05 pm

Wow wish he thought like that last year

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Re: Obama says tax breaks for superwealthy must end

Post by Guest on Wed Jun 29, 2011 6:40 pm

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!

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Re: Obama says tax breaks for superwealthy must end

Post by Guest on Wed Jun 29, 2011 10:18 pm

x2

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Re: Obama says tax breaks for superwealthy must end

Post by laine25 on Wed Jun 29, 2011 10:54 pm

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"

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Re: Obama says tax breaks for superwealthy must end

Post by troycomic on Wed Jun 29, 2011 11:32 pm

He's just worried about 2012. He is just a big wimp. He had his chance and caved.

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Re: Obama says tax breaks for superwealthy must end

Post by TR11005 on Thu Jun 30, 2011 12:48 am

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.

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Re: Obama says tax breaks for superwealthy must end

Post by tristen303 on Thu Jun 30, 2011 1:47 am

He's done one term Pres good riddance bring Hillary on no more community organizers lol

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Re: Obama says tax breaks for superwealthy must end

Post by lendmeflight2 on Thu Jun 30, 2011 6:36 am

Oh yeah? who from your party is going to beat him?

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Re: Obama says tax breaks for superwealthy must end

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