Fiscal Cliff only Three Weeks Away

By admin | 6 years ago

The White House is taking its fiscal cliff campaign to the country’s middle class. President Obama will visit a family in Virginia Thursday to help illustrate the impact of increasing taxes for the middle class. Signs have started to emerge that the Republicans are considering a change of strategy against the Democrats over the reduction of the deficit.

With just three weeks left before steep budget cuts and tax hikes take place that has been dubbed the fiscal cliff, President Obama is visiting one of the families that responded to a Twitter request by the White House for stories about the tax increase on people in the middle class.

Across from the U.S. capital on the other side of the Potomac River are some of the wealthiest areas of the U.S. as well as a very populous middle class area that has increased in size over the past 25 years. Because of its proximity to the White House, the president has used it often as a backdrop for his efforts of public relations.

One member of the family he will visit shared a story about how $2,200 more in taxes for 2013 would impact the family. The White House said that more than 100,000 people had responded to their Twitter request.

The Democrats in Congress led by Obama want the tax cuts that are to end in January, to be extended for the middle class, those earning less than $250,000, but not for the 2% of Americans who are earning the most.

The Republicans want all of the tax cuts extended, but have become more and more divided as to whether they could prevail because of Obama’s firm stance and the lack of control in the Senate.

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