OBAMA ADVISER SAYS PRESIDENT WILL NOT EXTEND BUSH TAX CUTS, EVEN TEMPORARILY: ’100% COMMITTED’ [View all]

[kpete]

Last edited Mon Jul 9, 2012, 10:07 AM - Edit history (1)

OBAMA ADVISER SAYS PRESIDENT WILL NOT EXTEND BUSH TAX CUTS, EVEN TEMPORARILY: ’100% COMMITTED’ | As House Republicans return to Washington to a vote on extending the 2001 and 2003 tax cuts for another year, Obama adviser Robert Gibbs insisted that the president would not support giving rich people another tax break. “Let’s make some progress on our spending by doing away with tax cuts for people who quite frankly don’t need them – tax cuts that haven’t worked,” Gibbs said during an appearance on CNN’s State of the Union. Obama is “100% committed” to that position, he insisted. White House Press Secretary Jay Carney made a similar pledge last month when he was asked directly if the president supports a temporary extension of the cuts, which expire at the end of the year. Carney said, “He will not. Could I be more clear?” Watch Gibbs:

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http://thinkprogress.org/economy/2012/07/08/512612/obama-adviser-the-president-is-100-committed-to-not-extending-bush-tax-cuts/



UPDATE:

Obama To Call For Extension Of Tax Cuts For Middle Class

President Obama will begin pushing for a one-year extension of the Bush tax cuts for Americans making less than $250,000, reports the New York Times. The announcement from the Rose Garden Monday will signal the president’s emphasis on tax fairness as a major issue just four months from the election. Pushing the issue is also meant to make House Republicans look unreasonable as they move this month to vote on a full, permanent extension of all of the Bush tax cuts.
http://livewire.talkingpointsmemo.com/entries/obama-to-push-for-extension-of-middle-class?ref=fpa