President Barack Obama plans to make a public case this week for his strategy for dealing with the looming fiscal cliff, traveling to the Philadelphia suburbs Friday as he pressures Republicans to allow tax increases on the wealthy while extending tax cuts for families earning $250,000 or less.
Billionaire Warren Buffett is again calling for higher taxes on the “ultrarich” and he’s urging Congress to compromise on spending cuts and tax increases.
The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.
Dueling with Republicans on taxes, President Barack Obama is urging the House to pass a tax cut for households earning less than $250,000 a year and drawing a bright line with rival Mitt Romney on a pocketbook issue for voters.
Obama’s latest speech on tax cuts for the middle class is just a retread of his tired class warfare rhetoric and strategy.
Seeking an election-year fight over taxes, President Barack Obama is hitting the road to press Congress to extend tax cuts for low- and middle-income earners, framing a debate with Mitt Romney and congressional Republicans over tax fairness.