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So the Republicans are getting to please their constituency which.

Jul 09, Sounding every bit like the candidate he is, President Barack Obama called Monday for a one-year extension of Bush-era tax cuts on annual income up to, while letting those that chiefly benefit the very wealthy expire on schedule at year's end. The proposal reignited an election-year fight designed to polish his credentials as a Estimated Reading Time: 7 mins. Aug 02, Let President Obama and congressional Democrats show some horse sense and let the Bush tax cuts for the wealthy--families with income of at least, Author: Jamie Stiehm.

The outgoing House speaker, Nancy Pelosi, is reported to have expressed deep unhappiness at the deal, saying the White House gave in too easily to Republican pressure.

Dec 07, Krugman wrote in the New York Times. November 2 which in turn was a symptom of the weakness produced by a bad economy and Obama's decisions." Bush tax cuts. The tax cuts expire at the end Estimated Reading Time: 6 mins.

Dec 17, President Obama, joined by Vice President Biden, speaks before signing a compromise bill that extends the Bush-era tax cuts for all Americans, December 17, CBSEstimated Reading Time: 5 mins. Aug 02, Obama Won’t Extend Bush Tax Cuts Again: Pledge To House Dems.

Gault and other economists questioned why the administration was not proposing a major payroll tax cut to spur hiring.

By Sam Stein. WASHINGTON - In a meeting with House Democrats on Thursday, President Obama stressed that his administration would draw a firm line on taxes and revenues both in the deficit- and debt-reduction debates and in the buildup to the elections.