Obama Urges Passage of Tax-Cut Deal, Pledges to Work with Business Community
Filed under: Taxes , Obama Administration , Jobs , White House , Economy , Barack Obama “I am absolutely convinced that this tax cut plan, while not perfect, will grow our economy and create jobs in the private sector,” the president told reporters Wednesday as the Senate prepare to vote on the compromise deal.
Obama: Letting Middle-Class Tax Cuts Lapse ‘Unacceptable to Me’
Filed under: Budget , Taxes , Obama Administration , Economy , Barack Obama Obama used his Saturday radio address to again defend the tax-cut extension he negotiated with the GOP. Without the cuts, middle-class families would see a $3,000 hike in their tax bills next year, which would further hurt the economy, he said.
Sen. Bernie Sanders Talks for 8 Hours to Protest Tax-Cut Deal
Filed under: Senate , Democrats , Taxes , Obama Administration , The Capitolist , Deficit , Barack Obama In a scene reminiscent of “Mr. Smith Goes to Washington,” the Vermont lawmaker held forth on the Senate floor, insisting the deal Obama negotiated cheats the middle class and children.
Sen. Tom Harkin a ‘No’ On Tax Cut Compromise
Filed under: Senate , Democrats , Taxes , The Capitolist Sen. Tom Harkin (D-Iowa), chairman of the Senate Health, Labor and Education Committee, said Tuesday he will not support the tax cut compromise negotiated between President Obama and Senate Republicans as it stands now.
Republican George Voinovich Says He’ll Oppose Deal on Bush Tax Cuts
Filed under: Bush Administration , Senate , House , Republicans , Obama Administration , Governors , Congress , Moderates “I think we have to blow up the place,” the retiring Voinovich says of the dysfunctional Congress.