Tags: Liberals | Blast | Obama | Tax | Stance

Liberals Blast Obama over Tax Stance

Friday, 03 Dec 2010 01:09 PM

President Barack Obama has obviously alienated conservatives, and now he’s upsetting liberals too. They’re angry that he appears willing to give in to Republican demands that the Bush-era tax cuts be extended for everyone, The Hill reports.

obama, upsets, liberals, tax-cutsMany Democrats want the cuts to continue only for those with annual income of less than $200,000. But the White House is likely to sign on to a temporary extension of the tax reductions for everyone.

The Democratic-controlled House approved a bill with the $200,000 limit Thursday, but the Senate won’t follow suit.

"At a moment when they could have celebrated victory, this White House incredibly chose to wave the white flag — signaling to Republicans that they will take any deal, no matter how bad, including borrowing billions to extend tax cuts for the richest Americans," says Adam Green, co-founder of the Progressive Change Campaign Committee. "This is a direct betrayal of a core Obama campaign promise, and the essence of political malpractice and negotiating incompetence."

© 2015 Newsmax. All rights reserved.

1Like our page

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved