White House seeks Democrats' backing for tax deal
December 7th, 2010
09:31 AM ET
12 years ago

White House seeks Democrats' backing for tax deal

WASHINGTON (CNN) - The White House will fight Tuesday to get Democrats to support a last-minute deal on taxes that President Barack Obama hammered out with Republican leaders.

The compromise would extend the Bush-era tax cuts for two more years, keeping income tax rates at their current levels for everyone, as Republicans insisted. Obama and other Democrats wanted tax rates to rise only for individuals earning more than $200,000 a year and families making $250,000 or more a year.

Filed under: Congress • President Obama • Taxes
soundoff (26 Responses)
  1. gt

    this is why the democrats lost in nov. and the reason they will lose more next election...they are all hat ,,,,stand up for once....ugh...

    December 7, 2010 09:36 am at 9:36 am |
  2. Rick McDaniel

    Too much is being given away, and some of that will take the focus off of priority number one.......creating jobs. The GOP should reject it.

    December 7, 2010 09:38 am at 9:38 am |
  3. stufit

    This will be a tough sell for Obama as democrat liberals think all of the wealth people make from working is theirs to give to their non working, non taxpaying supporters to buy 54" plasma tv's so they can continue to smoke dope and watch Oprah without having to go out and get jobs which their union sponsored education has not prepared them for. Trillions and trillions of dollars were spent on Great Society programs and things got worse and the democrat liberals want a return to those golden years of corruption by poverty pimps and unions.

    December 7, 2010 09:41 am at 9:41 am |
  4. King

    The dems got to bite the bullet on this one, it's disappointing but these thriving repugs didn't give them any choice, since they vote against the middle income tax break. Sometimes you have to roll with the punches and adopt. The president did what he had to do, for the American peoples good. They cannot stand a tax hike right now. When they hardly have any spending money as it is to creat demand. Big business don't need any demand money they will get it when the middle class buy their products. The small amount of unemployment demand money that Obama negotiate to extend, will be good for a little while. Atleast small business will get a boast since they now have more people with money to spend at their store, so now they can hire workers to help with these extra customers. That 7 billion dollars are going straight to the side lines and out of the economy, Because big business is just not seeing a sustainable demand power, to invest billions in the economy To create jobs

    December 7, 2010 09:55 am at 9:55 am |
  5. Lucullus

    Screw him. Obama should be hung out to dry. I am so sick of this balless wonder, leader of the party of balless wonders caving to the jack boot right at every opportunity. I can just hear him now talking about how bipartisanship works through compromise. Hey Mr. President, giving in to the very people who are trying to destroy you and the country is not bipartisanship, it's being a coward. Next election I'm voting republican. We might as well let them finish murdering America than watch them slowly torture it to death.

    December 7, 2010 10:08 am at 10:08 am |
  6. Lynda/Minnesota

    If there has been any doubt that the Republicans control this country, will always control this country, let today be the day of awakening. I am no longer interested in allowing the media to fuel the debate of hate, anger, and division within this country ... pitting neighbor against neighbor ... all for the sake of ratings and continued Republican talking point brainwashing. Its been rather sickening watching Mitch McConnell acting out his presidential strut for the past two years. Congress has no intentions of ever making the hard decisions necessary to pull America out of the quagmire of debt and corruption. They all just keep piling it on ....

    December 7, 2010 10:09 am at 10:09 am |
  7. rs

    "Just say no!" The public majority is againt cutting taxes for the rich, and the U.S. Budget simply cannot afford it. It is time for those "temporary" (but apparently addictive) Bush tax cuts to go. Republicans need to stop holding everything hostage to wealthy welfare.

    December 7, 2010 10:26 am at 10:26 am |
  8. Fair is Fair

    Just wondering, libs... how long can you continue to give your man a pass on EVERYTHING he campaigned on and EVERY issue that's important to you? If he's not doing anything you expected him to do, why do you still follow him with blind faith? How much more polish are can you put on a turd? The only bloc that Obama had remaining was the very far-left... and he's losing that as well. Simply not ready for prime time.

    December 7, 2010 10:29 am at 10:29 am |
  9. Four and The Door

    Brown said: "I don't know if he caved. I think he could have gotten a better agreement."
    What would Brown's idea of a " better agreement " be? 2 years of extended unemployment benefits with a Christmas bonus for those still "unable to find work" over the holidays?!?!?

    December 7, 2010 10:29 am at 10:29 am |
  10. Dan Crofoot

    I guess we have to give the rich they 20 pices of silver to save the poor. what the underground will do is the question.Peolple who have lost everthing are the ones to worry about not the ones overseas.If this dnt work i guess we lean the hard and bloody way.

    December 7, 2010 10:43 am at 10:43 am |
  11. Lucas Breen

    The economy is in a mess. We can't protect everyone from the pain of paying taxes... especially millionaires. It would be good to protect people under $250,000 off the hook for a couple of years, but if that can't happen, then we should all pay our fair share.

    PS ... Obama, your inexperience is showing and you are compromising waaaay too much. The Republicans are currently in the minority and they hate you. Let it go. You should be able to get the votes for an extension for people under $250,000 and some relief for the unemployed.

    December 7, 2010 10:48 am at 10:48 am |
  12. Bill

    And who is the party of no now? Tax and spend liberals want you to pay for all social programs. When tax rates in this country approach the level of Great Britian in the 1970's then you will understand. It is all a shell game as Margret Thatcher proved when she made the statement that individual taxes were to high and revenue could be gained from other sources... but who paid that cost? The Birtish people in the form of higher costs of living!

    December 7, 2010 10:49 am at 10:49 am |
  13. Lucas Breen

    We can't protect everyone from the pain of paying taxes... especially millionaires. It would be good to protect people under $250,000 and let them off the hook for a couple of years. However, if that can't happen, then we should all pay our fair share.

    PS ... Obama, your inexperience is showing and you are compromising waaaay too much. The Republicans are currently in the minority and they hate you. Let it go. You should be able to get the votes for an extension for people under $250,000 and some relief for the unemployed.

    December 7, 2010 10:49 am at 10:49 am |
  14. John Boehner is the dumbest person to become speaker

    How can the democrats make chicken salad out of this chicken crap? 98% of Americans just got ripped off by the GOP.

    December 7, 2010 11:04 am at 11:04 am |
  15. Dutch/Bad Newz, VA

    Bad deal! At least democrats in the House and Senate voted for the tax cuts for the middle class while the republicans voted against the measure. Now the fascists republicans are on record for working against the middle class. There should have been no compromise.

    December 7, 2010 11:06 am at 11:06 am |
  16. ST

    My fellow Dems, a person looks wise, when he is flexible and not rigid. Sticking on something most of the times results on being arrogant and not helpful. When a person changes his mind, he shows that he is thinking and not at all the sign of weakness.

    December 7, 2010 11:06 am at 11:06 am |
  17. Indy

    It is all very clear now who voted the Rebulicans back in the house, and it is now 100% clear that Republicans can be bought and paid for. I knew there had to be a reason why anyone with half a brain would have voted Republican and it is now clear that the wealthy are running the country with the Republicans as their puppets.The "Chicken Crap" Republicans sure like borrowing from China. Once again the Republicans are a disgrace to the country and they use a chicken crap excuse that this will create jobs knowing full well that this is a corporate grab.

    December 7, 2010 11:08 am at 11:08 am |
  18. Bill from GA

    Just Say No!

    Make that "HELL NO!!"

    December 7, 2010 11:12 am at 11:12 am |
  19. Bill from GA

    And tell Barry to lead the country or step down and give it to Joe.

    The people spoke in November, and they DID NOT give the Senate to the repugs. mitch "The Lying Dirtbag" mcconnell is not leader of the Senate, and he won't be i January.

    December 7, 2010 11:16 am at 11:16 am |
  20. Orlando Patriot

    So if the Democrats block the tax deal negotiated by "The Chief Community Organizer" does that makes the Democrats the new "Party of No?"!! You Democrats just don't get the fact that ANY tax increase during a severe recession will have CATASTROPHIC effects!! Just remember: No person has EVER been employed by a poor person!! You may not like "the rich" but they are required for economic growth and if you increase the costs of doing business they will simply reduce their number of employees or decide they would simply rather sip margaritas on a beach in the Carribean then risk their money in a business that now has a decreased rate of return. WAKE UP!!

    December 7, 2010 11:21 am at 11:21 am |
  21. Take America Back from the Libs

    What we have with the Oambi Adm is "aged 60"s/flower-power idealists" who have now found themselves in the "Real World"......they can no longer sit around sipping their mottas but must face reality. And the reality is "This Nation Is Broke" and to think the Fed can somehow squeeze funds from the "haves" and give to the "have-nots" is simply NOT going to happen! People with wealth and large corporations will simply fold their tents and move elsewhere or worse.
    Obambi needs to take a que from B Clinton; after his midterm "shalacking", he realized he had to govern from the middle and the results were; "The End To Welfare As We Know It" and immediately 80 million people fell off the welfare roles. No one died, no one went hungry.....where they went was "TO WORK"! The same thing will happen again when the newly inducted Republican Congress takes their place (and will ultimately climax when 2012 delivers a Republican President). This nation cannot continue without a reality check of Entitlements.......Job growth will not occur until we stop "paying people not to work"! Nancy Pelosi did know what she was saying when she said, "people can take this time off from their jobs to pursue their other ambitions"....she knew people would stop "looking" for work and simply wait for the postman!

    December 7, 2010 11:22 am at 11:22 am |
  22. King

    Dems you have to realize that if you don't take this deal right now. You won't beable to do any kind of deals with the right winged hardened tea bagging crew that is set to take over in January. We might not have another concession for the next two years. Even the repugs knows this, or they would be stalling to wait for these pack of rough necks. The irrational americans elected to run the country. The repugs know these American memory span rivals a Ginger fly. So when the elections get near, they'll just use fox entertainment news, to whip up some sensitive none revenant issues and broad cast it on any one of it's many terror net work programs, via beck, hannity, you pick. Then get the people screaming mad, so they lose their rationality again, then they'll use their irrationality to vote against their own interest again. Americans are just off the chain.

    December 7, 2010 11:22 am at 11:22 am |
  23. Ade

    Where are the "Fiscally Responsible" TEA PARTIERs now. Are they on COOL AID while the congress is passing debt to the grand children. HYPOCRITES!!!

    December 7, 2010 11:25 am at 11:25 am |
  24. Dominican mama 4 Obama

    Sometimes compromise is not worth seeking.
    All this deal does is delay the inevitable AND saves the GObP from facing the music of shooting down unemployment benefits. The same people that they are denying unemployment benefits to are the folks that voted them BACK IN.
    I know that the President is trying to help folks in need, but quite frankly, in this instance, hell with it. It is not for him to save the GObP from the repercussions of their poorly thought out, and irresponsible decision.
    I can get behind that.

    December 7, 2010 11:26 am at 11:26 am |
  25. Bill from GA

    Just for the record, we (The USA) have had incredible job growth spurts since World War 2 with taxes much higher than the rates left from the Clinton years. We had incredible job growth during the Clinton years.

    With Congress working for the American people, we can do so again, with taxes high enough to sustain the government. Today's crybabies think the bush tax rates are viable; they are not. If you don't want to pay the price of living in America, leave it. But don't bring America down because YOU are a cheapscate.

    December 7, 2010 11:31 am at 11:31 am |
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