Obama Pressures Republicans: Extend Tax Cuts For Middle Class Before Christmas |
| November 28, 2012 | November 2012 Bond Updates |
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As the fiscal cliff drama unfolds, President Barack Obama appears resolved to stay his ground. Speaking a few hours after House Speaker Boehner said he was optimistic a deal could be reached, Obama said he expects a solution before Christmas, adding that both parties already agree that taxes on those earning less than $250,000 shouldn’t go up next year. The Dow, which had reversed a 100 point drop, fell marginally on the President’s speech and rebounded as he finished his remarks. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/11/28/president-obama-pressures-republicans-extend-tax-cuts-for-middle-class-before-christmas/ |
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