Breaking News

Obama Will Not Back Down from Bush Tax Cuts
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

When President Barack Obama met with progressive and labor leaders Tuesday he said that he is committed to making sure the tax rates for high-income earners rises to the levels that occurred prior to George W. Bush taking office.

“I am not going to budge,” Obama said, according an anonymous source from the meeting who spoke with the Huffington Post. “I said in 2010 that I’m going to do this once, and I meant it.”

  
What
Where


There were two other anonymous sources who confirmed the quote from the first source.

“It was a very, very positive meeting,” said AFL-CIO President Richard Trumka. “We’re very committed to making sure that the middle class and workers don’t end up paying the tab for a party that we didn’t get to go to, and the president is committed to that as well.”

The president for the Center for American Progress, Neera Tanden, said, “The president was really standing firm on taxes. Everyone in the room talked about how much they have the president’s back in this fight.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The Bush tax cuts, which are scheduled to expire soon, are one part of the budget deal that has to be agreed upon before the country hits the fiscal cliff. The original unnamed source from the meeting said that Obama “seemed to agree that Social Security should not be included in a bargain because it didn’t add to the deficit.”

The president of AFSCME, Lee Saunders, was also in attendance for the meeting. Saunders made it known that the members of his group will be as dedicated to pressuring the Republicans to agree to a balanced debt deal as they were during the campaign season when it comes to energy.



“We’re going to have our folks engaged, just like they were in the election,” Saunders said. “They’re going to be engaged in this campaign.”



 

RELEVANT JOBS

Senior M&A Attorney

USA-IL-Chicago

Our corporate boutique law firm is seeking a senior level M&A attorney with a book of business that ...

Apply now

Paralegal / Legal Assistant

USA-MN-Rochester

O\'Brien & Wolf, L.L.P., a general practice law firm in Rochester, Minnesota, is seeking a Family La...

Apply now

Medical Malpractice Attorney

USA-CO-Denver

Hall & Evans, LLC, one of Denver\'s most recognized and respected law firms, is continuing its expan...

Apply now

Litigation Associate Attorney

USA-CO-Denver

Hall & Evans, L.L.C., one of Colorado\'s most established law firms, currently has an opportunity fo...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Senior Real Estate Partner-level Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search top ranked law firm seeks Senior Real Estate Partner-l...

Apply Now

Senior Staff Products Liability and Mass Torts Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks Senior Staff Products Liability and Mass Torts Attorney with ...

Apply Now

Partner-level Products Liability, Consumer Class Actions Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks Partner-level Products Liability, Consumer Class Actions Atto...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top