Saturday, November 10, 2012

Obama claims election mandate for higher taxes on wealthy

President Barack Obama used his first post-election appearance Friday to claim his re-election is a mandate for his agenda.
“On Tuesday, [voters] said loud and clear that they won’t tolerate dysfunction … politicians who view compromise as a dirty word … when so many families and small business owners are still struggling to pay the bills,” Obama said Nov. 9 during his first post-election appearance.
“What the American people are looking for is cooperation. They’re looking for consensus. They’re looking for common sense. Most of all, they want action,” he said, while standing in front of a campaign-style stage in the White House’s East Room.
Without a deal over the next few months, Obama’s second-term economy will almost surely go into cardiac arrest because of previous White House deals with Congress that have scheduled a massive set of tax increases and huge spending cuts to hit at the beginning of 2013.
Obama hinted at the possible economic damage.
An agreement “would give millions of families — 98 percent of Americans, and 97 percent of small businesses — the certainty they need going into the new year,” he said from the stage.
Obama declined to take questions from the press, which was seated in the back of the room.
Both Obama and his press secretary Jay Carney pushed the GOP to extend the current set of lower taxes for everyone except the wealthiest two percent of Americans.

No comments: