Barack Obama To Congress: Extend Tax Cuts for The Middle Class
Taking aim at trickle down fiscal policies and warning legislators not to hold the American economy "hostage," President Barack Obama demanded today that Congress extend Bush-era middle class tax cuts for a year.![]()
Addressing the nation from the White House's East Room, Obama implored Congress to "do the right thing" and immediately pass extension legislation, which he would instantly ink.
"I will sign it tomorrow," he said.
In a politically risky move, Obama also recognized that the economy has been disappointing under his watch, but used that to bolster his argument for the extension.
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