President Obama Threatens Veto of Emerging Tax Deal...
Rational Nation USA Purveyor of Truth President Obama is threatening to veto the tax deal being worked out by Senator Reid and House Ways and Means Chairman Dave Camp. The White House on Tuesday threatened to veto an emerging deal that would restore several lapsed tax breaks, bringing into the open tensions between President Obama and the top Senate Democrat. Skip “The president would veto the proposed deal because it would provide permanent tax breaks to help well-connected corporations while neglecting working families,” Friedman said, just hours after reports emerged that a $450 billion deal on the tax breaks was close at hand and that negotiators hoped to wrap it up by Tuesday The devil is always in the details but, could someone explain exactly why the interests of corporate America should trump the interests of the middle class or working poor? More BELOW THE FOLD . Via: Memeorandum