September 10th, 2010
06:04 PM ET
11 years ago

Obama Middle Class Tax Cuts – Reality Check

[cnn-photo-caption image= caption =" Democratic sources are unsure if they have the support to pass President Obama's plan to extend only the Bush tax cuts for families making $250,000 or less."]
Washington (CNN) – While President Obama and Democratic leaders have settled on a strategy to extend only the Bush tax cuts for families making $250,000 or less, senior Democratic sources concede they're not sure whether they can make that political push a legislative reality – especially before election day.

The sources admit that the immediate challenge isn't Republicans who also want to extend tax cuts for wealthier Americans, but many of their own moderate Democrats, especially those who are trying to hold onto their seats and do not want to be accused of raising taxes.

Democratic congressional leadership sources say they have not yet decided on how to address that tax cut quandary, but say it will be the most prominent order of business when House and Senate Democrats return to Washington and hold caucus meetings next Tuesday.

Filed under: Congress • issues • President Obama • Taxes