Obama Weekly Address

George Wenschhof



President Obama continues to urge Congress to extend tax cuts for the middle class and saying he is willing to work with Republicans on cuts to entitlement programs.  He did insist on increasing the tax rate for the upper 2% of wage earners.

“We can and should do more than just extend middle-class tax cuts. I stand ready to work with Republicans on a plan that spurs economic growth, creates jobs and reduces our deficit — a plan that gives both sides some of what they want,” Obama said.

“I’m willing to find ways to bring down the cost of healthcare without hurting seniors and other Americans who depend on it. And I’m willing to make more entitlement spending cuts on top of the $1 trillion dollars in cuts I signed into law last year.”

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