NYT: Obama will not extend Bush era tax cuts to wealthy

[flpoljunkie]

President Obama will rule out on Wednesday any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies.

http://www.nytimes.com/2010/09/08/us/politics/08obama.html

[Number23]

1. Well would you just looky here, looky here...

Kicked and rec'd

[SugarShack]

30. Obama must be held to this or everything is OFF the table...there will be no money

to continue Bush's wars.

[liskddksil]

2. He's two for two!

Maybe that vacation helped him see the light!

[ZombieHorde]

3. Unexpected and recommended. nt

[prolesunited]

5. Unexpected?

They've been talking about only keeping the cuts for the middle and working classes for months.

[mikekohr]

14. Exactly nt

[ZombieHorde]

19. Public option. nt

[Mass]

26. delete

[musette_sf]

4. woot!

:woohoo:

[Mojambo]

Good call, Mr President. n/t

[provis99]

6. splendid news!

I hope the Republicans whine and complain how their base is being unfairly targeted!

[firedupdem]

7. K&R n/t

[Warren Stupidity]

8. k'n'r

[azmouse]

9. Yes!

You're a good man, Pres Obama!

[dkf]

10. Well now we know why Orzag quit.

[nmbluesky]

11. GOOD

FUCK GOP FUCK TEABAGGER FUCK BUSH TAX

[FrenchieCat]

12. He kept saying this.....

but unknown sources and rumors said otherwise.

Guess who one believed says a whole lot.

[MannyGoldstein]

13. That would be a pleasant surprise

I guess we'll know in the next few months.

[customerserviceguy]

15. It's good that he rejects Orszag's craziness

But it's going to be nearly impossible for him to craft a tax bill that leaves the under $250K folks alone, while doing what needs to be done to the well-off. If that's the case, then let the whole set of Bush tax cuts expire.

[Exilednight]

16. I hope he sticks to his guns on this, and not fold like he did on the PO.

He can keep the pressure on and push this through the mid-terms. I doubt he will get a bill before then, but after the mid-terms he can see the shape of Congress.

Even if rethugs win, he should still be able to bully them into passing tax cuts for the working class.

[Hello_Kitty]

17. I am SO glad to read this!

Crossing my fingers that he holds his resolve.

[BeyondGeography]

18. Great move

He's giving Democrats a clear point of differentiation and the government a path to fiscal stability. Politics and policy intersect.

[glinda]

20. Don't dream it, be it, Mr. Prez!

[AtomicKitten]

21. I'm applauding. nt

[Enthusiast]

22. Way to go!

This is what we wanted to hear.

[democracy1st]

23. when this is major news coming from a democratic admin then you know we're scrw'd

[impik]

24. Of course not

Only blind and hateful people can ignore the excellent percentage this president have of keeping campaign promises.

[Whisp]

28. they're shitting their diapers about now.

what, good news?
whaaaaaaaa! I want to fucking moan!!! let me moan!!!

fuck'em!!!

[Mass]

25. delete

[mzmolly]

27. Gosh, all that hand-wringing here was for naught?

Imagine...

[Lorien]

29. Not so fast:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x9091000

[Cha]

31. It can't get any more clear than that..so it's time for

the rumors being pushed to stop.

[Blue Owl]

32. Suck it, all you rich bitches!

:applause:

[on point]

33. I'll believe it when I see it...

Barack usually says something admirable on the front side of issues, but then immediately starts caving on this issue.

I no longer trust his words, but judge him on his actions only.

If he vetoes a bill that includes cuts for the wealthy, or only signs one that doesn't have it, only then will I believe his stand.

[CTLawGuy]

36. well Huey, what can I say but

good for you.

[eilen]

34. I am very glad he has drawn a line. nt

[jesus_of_suburbia]

35. Very good news! I'm glad he finally decided to stand up against the Repukes!

We need to give credit when credit is due....


K&R!