Quote of the Day   Leave a comment

With the fiscal cliff rapidly approaching, President Obama was unflinching in his tax stance on Friday, threatening to use his leverage to force Republicans into an unenviable position if they fail to agree to a deal in time.

After a White House meeting with congressional leaders, Obama held a news conference to issue a tough ultimatum to Congress: reach a deal now or block my middle class tax cut in the new year.

“So if we don’t see an agreement between the two leaders in the Senate,” the president said, “I expect a bill to go on the floor — and I’ve asked Senator Reid to do this — put a bill on the floor that makes sure that taxes on middle class families don’t go up, that unemployment insurance is still available for 2 million people and lays the groundwork then for additional deficit reduction and economic growth steps.”

http://tpmdc.talkingpointsmemo.com/2012/12/obama-ultimatum-taxes.php?ref=fpa

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: