Press Secretary Jay Carney told reporters aboard Air Force One on Wednesday that President Obama will not sign an extension.
“He will not. Could I be more clear?” Carney said. “He will not support an extension of the upper-income Bush tax cuts. He could not be more clear.”
Clinton suggested on Tuesday that the cuts on higher-income earners should be extended temporarily to allow the economy more time to heal. But Obama has repeatedly said he wants them to expire as scheduled at the end of this year.
“President Obama has been clear about his position and it has not changed: We should not extend and he will not extend the tax cuts — the Bush-era tax cuts for the wealthiest 2 percent of the American people,” Carney said Wednesday. “It’s bad policy. It’s bad for the economy.”
I haven’t figured out why middle class republicans are protecting the upper 2% like it was their own money. Someone is selling you a bill of goods. Who is better able to take increase? You or them?
On another note, while protecting the rich, it seems that the Republicans threw the American women under the bus:
President Obama railed against a Tuesday Senate vote where the chamber failed to approve the Paycheck Fairness Act, a bill designed to Read More
