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Obama again asks Congress to keep middle class tax cuts
 
President Barack Obama answers questions at a news conference in the East Room of the White House on Nov. 14.
President Barack Obama answers questions at a news conference in the East Room of the White House on Nov. 14.
AP Photo/Charles Dharapak

It's not a broken record, it's President Obama again calling on Congress to extend Bush-era tax cuts for all income under $250,000, while leaving a broader overhaul of the tax code for next year. Obama spoke from the White House Wednesday, saying that he hopes to resolve the tax and spending issues facing the nation before the end-of-the-year deadline. "My hope is to get this done before Christmas," he said. Obama's speech came as he prepares to embark on a public relations offensive to gather support for his proposal to keep tax cuts in place for the middle class, but to let them lapse for those with incomes above $250,000.

 

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