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Obama: Keep middle class from tax rise

Don’t wait for a ‘cliff’ deal, act now, he tells Congress

By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS

Posted: November 29, 2012 at 4:37 a.m.

“The American people are watching what we do,” President Barack Obama said Wednesday after noting that “a clear majority of Americans” support his approach to taxes, spending and cutting the deficit.

Credit: AP
 “The American people are watching what we do,” President Barack Obama said Wednesday after noting that “a clear majority of Americans” support his approach to taxes, spending and cutting the deficit.

President Barack Obama called again on Congress on Wednesday to extend Bushera tax cuts for all incomes under $250,000 and leave a broader restructuring of the tax code until next year, as he pressures Republicans to let tax rates rise for the highestearning Americans.

President Barack Obama says he believes a framework to cut the country's massive debt can be reached before Christmas.

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Obama hopes to have fiscal deal by end of December

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Front Section, Pages 1 on 11/29/2012

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