Obama Bends to Republicans on Tax Cuts
Republicans seem to have made a dent in the Democratic camp by getting the Obama administration to extend tax breaks for two years even though they wanted this to be a permanent arrangement. This was contrary to the Obama promise of abolishing tax breaks for annual household incomes above $250,000. This has created quite some discontent among the Democrats, hinting at a possible divide between the left and the White House.
The leader of the Progressive Campaign Change Committee, Mr. Adam Green called it a let down of the American voters. Many liberal lawmakers and activists are angry with the Obama administration for giving in to the Republicans.
Rep. John Conyers plans to use everything at his command to stop the passage of this legislation, while many of the displeased congressional Democrats are likely to give the administration a hard time at a closed door meeting that they are calling for.
The President, however, acknowledges that there is a discontent among many members of his own party yet he feels a compromise is better than a fight over the issue. He said “I’m not willing to let working families across this country become collateral damage for political warfare here in Washington”.
The Liberals may not impede the passage of the agreement on the tax cuts as they have time and again backed off, in similar situations in the past but support may be unlikely from some congressional leaders. That is why Vice-President plans to solicit support of Senate Democrats at Capitol Hill.