President Says Debt-Cutting Deal Can Be Reached Soon

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Wednesday, November 28, 2012

President Barack Obama says he believes that members of both parties can reach a framework on a debt-cutting deal before Christmas.

The president was joined by about a dozen middle-class Americans who have raised concerns about their taxes going up at the end of the year.

He says lawmakers face important deadlines in the coming weeks but the voices of the American people need to be a part of the debate.

President Obama says we need to "approach this problem with the middle-class in mind."

The president is urging the public to pressure Congress through social media, pointing to #My2K on Twitter -- a reference to the estimated $2,200 tax increase a typical middle-class family of four would see if the Bush tax cuts expire.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 181207351 - kake.com/a?a=181207351