Obama Refuses To Say He’d Veto Extension Of Bush Tax Cuts For Wealthy

This HuffPo article on Obama’s interview with George Stephanopoulos on ABC this morning:
clipped from www.huffingtonpost.com
President Obama on Thursday refused to commit himself to vetoing legislation that would temporarily extend the Bush tax cuts for the wealthy, even as he and his administration have steadfastly argued that such an extension would waste hundreds of billions of dollars.
In an interview with ABC News‘s George Stephanopoulos, the president was asked on four occasions whether his commitment to letting the Bush tax cuts for the wealthy expire was strong enough to veto even a “short term extension.” On each occasion, Obama demurred.
The exchange, for what it’s worth, was flagged by a Republican congressional aide who noted how little Democrats would likely feel emboldened by the remarks. It does, indeed, seem increasingly likely that Congress punts on the issue, passing a temporary extension of all Bush tax cuts with the goal of revisiting their expiration in two years.
Senate Minority Leader Mitch McConnell (R-Ky) has said he would be willing to discuss this compromise.
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About btchakir

Retired Theatre Producer, Graphic Designer, Usability Tester and General Troubleshooter with a keen interest in Politics and The Stage. Currently heard on WSHC, 89.7 FM (on line at www.897wshc.org) and occasionally dabbling in Community Theatre.

Posted on September 9, 2010, in campaign, Congress, Economics, event, history, Legal, News, Opinion, Politics, President Obama, Television and tagged , , , , , , , , . Bookmark the permalink. Comments Off on Obama Refuses To Say He’d Veto Extension Of Bush Tax Cuts For Wealthy.

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