Political Headlines November 9, 2012: President Barack Obama to Call for Deal with Congress on Tax Cuts

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

President Obama to Call for Deal on Tax Cuts

Source: ABC News Radio, 11-9-12

Pete Souza/The White House via Getty Images

President Obama on Friday will call upon Congress to work with him on preserving the lower tax rates first pushed by President George W. Bush for those Americans who earn under $200,000 a year.  But he will state his belief that in re-electing him, voters were clear that they support a “balanced approach” to deficit reduction — meaning that the lower tax rates for higher wage earners should expire….READ MORE

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