LEVERAGE
Obama Dares Republicans to Cross Him
Presidents says tax hikes and budget cuts both have to be on the table
Next>Image: AP
Freshly re-elected President Barack Obama knows he has the upper hand against Republicans in negotiations over taxes and spending. In remarks at the White House Friday the Obama made clear he's eager to extend the Bush-era tax cuts for those making $250,000 and under.
"This was a central issue in the election," the president said in his first post-election remarks. "On Tuesday night we found out a majority of people agree with my approach."
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Do you agree with President Obama's approach to avoiding tax hikes on Jan. 1? |