Top Ten Videos to watch

Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
US-POLITICS-OBAMA
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
24673281
US-VOTE-DEMOCRAT-SANDERS
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
Medicare
President Bush Speals At Federalist Society's Gala
Police
Police Line Tape
Senior Woman's Hands
Police officers running
New Orleans Residents Return to Housing Projects
David Banner
2010 Jazz Interlude Gala
Couple Together on Sidewalk
US-VOTE-2012-ELECTION
Police
Serious decision
HIV Testing
Closing Arguments Held In Zimmerman Trial
Student Loan Application Form
Donald Trump in Nevada.
Hearing Held For Charleston Police Officer Who Shot And Killed Walter Scott
Leave a comment

obama-boehner-cantor

Washington D.C. (Examiner) — President Obama may be away on a trip to India, but he is still making news on the domestic front back home.  Today the White House released the President’s weekly address.  In the address, President Obama makes clear that he favors an extension of the middle-class tax cut before they expire next January.  However, the President said he could not support the $700 billion deficit which would be creating by extending all the Bush tax cuts for the wealthy.  Watch the video of the President’s address by clicking to the left.

The President’s stance on the tax cuts extension differs greatly from that of Republicans, who have said they will only allow an extension of all the Bush tax cuts.  Until the new Congress is sworn in the Democrats still control both chambers of Congress.  The “lame duck” Congress has a number options when they reconvene in mid-November.  Those options include:

(1)  Do nothing and leave the issue for the new Congress in January.  Under that scenario all Americans would be taxed at higher rates starting January 1, 2011.

Read more at Examiner

RELATED:

Obama tax cut nobody ever heard of

Republicans Obama’s killing of tax cut for rich

Share this post on Facebook! CLICK HERE:

Also On News One: