HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Obama pressing business a...
Introducing Discussionist: A new forum by the creators of DU

Wed Nov 14, 2012, 02:52 PM

Obama pressing business and labor on fiscal cliff ("They'll still be wealthy")

Source: AP-Excite

By KEN THOMAS

WASHINGTON (AP) - In a challenge to Republicans, President Barack Obama urged Congress on Wednesday to extend expiring tax cuts immediately for all but the nation's highest income earners as a way to eliminate half of the so-called "fiscal cliff" that threatens to send the economy back into recession.

"What I'm not going to do is to extend Bush tax cuts for the wealthiest 2 percent that we can't afford and according to economists will have the least positive impact on the economy," the president said at his first news conference since his re-election last week.

Standing in the East Room of the White House, Obama pointedly noted he had campaigned on a platform that called for allowing tax breaks to expire as scheduled on Dec. 31 for the wealthiest income earners.

"A modest tax increase on the wealthy is not going to break their backs," Obama said. "They'll still be wealthy."

FULL story at link.



Read more: http://apnews.excite.com/article/20121114/DA2HV6K00.html





President Barack Obama gestures as he answers a question during a news conference in the East Room of the White House in Washington, Wednesday, Nov. 14, 2012. The president touched on various topics including the widening sex scandal, UN Ambassador Susan Rice and possibly meeting with his recent presidential rival Mitt Romney. (AP Photo/Charles Dharapak)


7 replies, 1287 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 7 replies Author Time Post
Reply Obama pressing business and labor on fiscal cliff ("They'll still be wealthy") (Original post)
Omaha Steve Nov 2012 OP
Liberalynn Nov 2012 #1
DCKit Nov 2012 #2
Liberalynn Nov 2012 #3
Myrina Nov 2012 #4
Liberalynn Nov 2012 #5
Roland99 Nov 2012 #6
Megahurtz Nov 2012 #7

Response to Omaha Steve (Original post)

Wed Nov 14, 2012, 02:54 PM

1. I wish the press would quit pushing this consulting with Romney thing

He lost, lets proceed.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Liberalynn (Reply #1)

Wed Nov 14, 2012, 02:59 PM

2. "When I was talking to George Soros the other day..."

 

The Wingers would have lost their minds.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to DCKit (Reply #2)

Wed Nov 14, 2012, 03:14 PM

3. The wingers have already lost their minds.



The President isn't the one I was referrring to. Why does the Media aka the Press(, not the President) keep bringing this up, why can't they let it go was my question?

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Liberalynn (Reply #1)

Wed Nov 14, 2012, 03:17 PM

4. I know! WTF does RMoney have to offer re: ideas anyway?

"I like how he ran the Olympics." - POTUS

Really? That's all Mittens has going for him & we really need to let him fade into idle obscurity.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Myrina (Reply #4)

Wed Nov 14, 2012, 03:21 PM

5. I think the President had to say something to get the Media off this topic

so he just offered up the Olympic thing as a way to answer them yet at the same time get them to move on.

Really the Media just needs to get over the fact that their darling
Mittens lost in a Landslide and deal with reality.

I agree with you Mittens just needs to fade into obscurity.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Omaha Steve (Original post)

Wed Nov 14, 2012, 03:29 PM

6. oh, freeper heads are exploding all over right now!

heh heh

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Roland99 (Reply #6)

Wed Nov 14, 2012, 06:08 PM

7. It is Very Entertaining

isn't it? I never thought I'd see so many of them having meltdowns all at once.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread