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Saturday, July 17, 2010

Obama Weekly Address 7-17-2010

George Wenschhof

Today, President Obama talks about how Republicans continue to be the "Party of No" by blocking efforts to extend unemployment benefits and tax credits for small businesses.

At the same time, Republicans are pushing for an extension of the tax breaks for the wealthiest Americans which were instituted under the George W. Bush administration.

Even former Federal Reserve Chair Alan Greenspan recently called for letting the tax cuts for the wealthy expire, especially in light of the massive deficit facing the country.



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