Washington (CNN) - President Barack Obama prepared to discuss ongoing tax negotiations behind closed doors at the White House Monday with leading House Democrats, many of whom are believed to be unhappy with a potential deal to extend the Bush-era cuts for the richest Americans.
"We won't rubber stamp a deal between the White House and (Senate Minority Leader) Mitch McConnell," one Democratic congressional source told CNN. "We want to make it clear. Don't take our support for granted."
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If Pelosi gave Obama one of hers he still wouldn't have a pair. I'm glad someone is going to stand up and do the right thing even if they fail in the end and the multi billionares get all of our money.
It is time for the wealthiest Americans to start making sacrifices too. When a substantial number of people are out of work, out of money, and out of hope, it is time to realize that they are far more important than giving Rush Limbaugh another $2.2 million in tax breaks.
Let all tax cuts expire. I really don't think ballooning our debt is in the best interest of our children and grandchildren.
President Obama is "slicker" than most give him credit for. I think (hope) he knows better and will NOT RUBBER STAMP this deal with the RepubliCAN'Ts....
I don't want to see the tax break go to millionaires and billionaires either but I definitely don't want to see unemployment benefits for so many Americans expire. The sad part about this is that they are even in the same debate. The wealthy are the last people who need someone to go and fight for them in Washington while the middle class needs it the most and it seems as if only the House Democrats are willing to do it. Obama needs to stop seeming like he is such a weak leader he really needs to use the bullypulpit of the presidency to his advantage the GOP is going against the public will on this and NO ONE seems to care.
You don't have a choice, but to deal. The Senate will NOT raise their own taxes!
However, you should NOT extend unemployment. You SHOULD take some real action, to create jobs, and get people back to work, instead of giving handouts.
Obama and the Dems should stand tall for the position that the rich should not be given tax breaks. It is clear that the Repubs represent the richest and will obstruct any progress and help to the middle class and poor unless they get their way. It is past time for the Dems to make clear they will not cave in to the demands of the Repubs to include tax cuts for the wealthiest. The Repubs brought us Iraq and the melt down and don't want to pay the piper. It is time to make the party of NO accountable and not cave in to their demands.
Rubber stamp? I was thinking more along the lines of buttstamp...as in bring it to the potty for your morning constitutional. NO COMPROMISE WITH THE GOP OR CORPORATE WH-RES. PERIOD. If the GOP wants to hold up the legislative process for petty nonsense that has no basis in factual reality or sound decision making and policy, but is instead merely an ideological brainfart sold to its base to get them to go along with their middle-class killing agenda, then LET THEM. The GOP treats EVERYTHING like a line in the sand, which is totally bogus...but there ARE things that ARE lines in the sand. THIS SHOULD BE ONE OF THEM. The rich can take some of their dead money that sits in uselesss hedge funds and derivatives investments and PULL IT OUT TO PUT IT INTO THE ECONOMY WHERE IT WILL CREATE JOBS. 5% of the country owns almost EVERYTHING. Do they do that? Do they reach into their savings when times are tough (as a result of their own behavior) so they can keep their business going at the level it is going and keep competing? No. They create a recession and fire 8 million people so they can beat us all down into submitting to lower salaries without raises for decades and a increasing reductions in our benefits. But when YOU are suffering unemployment and can't make ends meet, what do YOU have to do? RUIN YOUR RETIREMENT. WHY? SO THESE JACKHOLES CAN KEEP CRAPPING IN GOLDEN TOILETS AND FLUSHING YOUR DREAMS OF A COMFORTABLE WELL-EARNED FUTURE. You are nothign more than a disposable asset to them. The one-use razor they shave their a$$ with. Your purpose on this planet is singular: you will live a mediocre to struggling life while accumulating consumer debt as an indentured servant SO THEY CAN KEEP EVERYTHING THEY EARNED FROM YOUR WORK.
NO COMPROMISE. The GOP pretended to negotiate while threatening fillibusters in order to force cutting the middle class's nose off to spite its face and what is the supposed compromise proposal? Cutting the middle class's nose off to spite its face. More middle-class funded tax cuts for the wealthy. More UNEARNED massive inheritence and wealth consolidation for the landed gentry. More REDISTRIBUTION OF WEALTH TO THE ALREADY WEALTHY. U-N-A-C-C-E-P-T-A-B-L-E. GET IT THROUGH YOUR HEADS, DEMS, OR YOUR CAPITULATION WILL SIMPLY HAND THE GOP THE WH AND CONGRESS IN 2012.
good going for the house democrats. obama made a campaign promise that america would no longer fund tax breaks for the ultra rich. now it looks like obama is close to a deal with boener to get $700B in chinese loans to fund rich tax breaks. makes me sick.
House Dimwits WILL rubber stamp this agreement just like they have rubber stamped EVERY piece of Obama-endorsed garbage legislation over the last 2 years! His and the Dimwits' political spin of "taking care of the middle class" has proven to be a complete farce and now they must LISTEN to the American Majority. BTW, this is just the beginning of the adults taking over the government and trying to clean this mess up so get use to it!
Just in........... Average Americans have been sold to the highest bidder! RIP United States of America, the corporations are now your leader...........
Peace 🙁
I have to laugh. This is what was going to happen the whole time. Obama had no room for compromise after the election and not the b@lls to do anything prior to the election. Love to see all these posters that are so carefree with other people's money – its like they earned it. I know America has become of the land of the entitled but its scary. I like many Americans will give away most of my assets prior to death rather than give it to the government.
How's that "tea" working out for all those smart alec middle class folks who "decided" they were going to teach the Democrats a lesson and vote Republican this past November?
250k is not the richest Americans and don't blame them because Obama has not quit spending since he's been in office!
You liberals are so out of touch with what is really going on in this country it's pathetic. Tax the rich so hard they become poor is what you want. Tax the rich so they won't invest money and then see how more jobs are lost in this country. I'm not no where near being rich but you can't keep adding tax to these people who pay more than their fair share already. Put me down and call me stupid if you want but with unemployment at 9.8% you can't keep taking away from the only people who have something to put back that will create jobs that are so badly needed in this country right now. They have to invest poor people sure don't have the money to invest and create jobs and they won't invest until this country stops taxing them to death.
Our children and grandchildren should not have to pay for the Sociialism of the rich at the tune of 700 trillion dollars.
Who is standing up for us? Why is the tea party so silent now? Traitors!
You cannot lose when you are winning a Christman for two million family and there children by extending unemployment for fifty three weeks. When all said and done>bless.
i think we should let the tax cut expire,it won't get any better this country is already messd up what could it hurt we need to stop companies from taking jobs over seas thats what need to done.Ask our senators about this issue.