President Obama?s Weekly Address

8 Dec 2012 Author: B-Serious On fiscal negotiations, President Obama talks higher tax rates for wealthy: ?That?s one principle I won?t compromise on?

President Obama continued his weeks-long campaign to extend middle-class tax cuts while also pursuing higher rates for the most wealthy Americans. In his weekly address, President Obama made it very clear that higher rates for the wealthy is a sticking point for any deal that comes across his desk:

?But if we?re serious about reducing our deficit while still investing in things like education and research that are important to growing our economy ? and if we?re serious about protecting middle-class families ? then we?re also going to have to ask the wealthiest Americans to pay higher tax rates. That?s one principle I won?t compromise on.

After all, this was a central question in the election. A clear majority of Americans ? Democrats, Republicans and Independents ? agreed with a balanced approach that asks something from everyone, but a little more from those who can afford it the most. It?s the only way to put our economy on a sustainable path without asking even more from the middle class. And it?s the only kind of plan I?m wiling to sign.?

President Obama?s Weekly Address:

Source: http://feedproxy.google.com/~r/JackAndJillPolitics/~3/-EwaaGNfVdE/

Perry Hall High School bill cosby us open bill nye Hurricane Isaac 2012 Snooki Baby terrell owens