Wonder if he REALLY means it this time?
Obama Pushes for Middle-Class Tax Cuts
President Obama is gearing up for his latest fight with Congress as he plans to push for a one-year extension of the Bush-era tax cuts for anyone with a yearly income under $250,000. House Republicans want to keep the tax cuts in place permanently for both middle- and upper-income Americans, and congressional Democrats such as Nancy Pelosi and Chuck Schumer have been pushing to extend them to anyone earning up to $1 million. Obama’s initiative to extend them for just one year and just to those in the middle class is an effort on his part to make Republicans’ demands look unreasonable, though it will likely do little to break through the gridlock that already exists in Congress.
Read it at The New York Times
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