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Obama Calls on Congress to Extend Bush Tax Cuts

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  • Description

    FBN's Peter Barnes breaks down Obama’s message to Congress.

  • Duration 1:34
  • Date

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Right -- -- thanks so much.

So President Obama shifting the focus of his reelection campaign from those bad job numbers we got on Friday back to taxes gearing up for another fight with Republicans over tax cuts for the middle class.

Peter -- at the white house with all of the details Peter.

That's -- -- the president trying to our change the subject here -- after that bad jobs report.

On Friday the president returning to his campaign theme that he is the champion of the middle class not Republicans in congress not Mitt Romney.

He proposed today extending the bush tax cuts for families making less than 250000.

Dollars for a year this time to help boost economic growth to reduce uncertainty.

For families and small businesses looking at the fiscal cliff at the end of the -- and -- buy time for him in congress to try to work out a comprehensive.

Tax reform plan.

Now he of course said again that he wants the bush tax cuts for higher income families to expire at the end of this year and he repeated.

Made it clear that he's happy to take this to the voters in November listen.

In many -- is the -- of the tax -- for the wealthiest Americans.

Will be decided by the outcome of the next election.

My -- opponent will fight to keep them in place.

-- -- Fight to -- them.

And his opponent out today -- -- blistering statement along with many report with the Republican leaders in congress saying that all this will do is raise taxes on nut job creators entrepreneurs.

And hurt and hurt the economy.

Melissa right here -- thanks so much and we.

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