Democrat, Hypocrisy, Liberal, Tax, Obama

President Obama announced a broad "framework" agreement with Republicans that would extend all Bush-era tax cuts for two years, keep the dividend and capital gains tax at 15 percent and temporarily cut payroll and Social Security taxes.

Democrat, Hypocrisy, Liberal, Tax, Obama

President Obama just announced a tentative deal with Republicans on extending the sweeping tax cuts signed by President George W. Bush nearly a decade ago.

Democrat, Hypocrisy, Liberal, Tax, Obama

Mr. Obama said the bill would create jobs and boost the still-struggling U.S. economy. He called it a "substantial victory for middle class families" who would otherwise have seen a tax increase.

Hypocrisy, Obama

NEW YORK -- Over the past three months, Obama described the Bush-era program that he's now adopting as his own as "tax cuts for millionaires and billionaires" no fewer than 50 times, according to a review of his stump speeches, weekly addresses, and comments to campaign donors and members of the news media. The rhetoric was deliberate: Obama was trying to cast Republicans as the party of the wealthy while his fellow Democrats represented the middle class.

Hypocrisy, Obama

President Obama just announced a tentative deal with Republicans on extending the sweeping tax cuts signed by President George W. Bush nearly a decade ago.

The deal extends all the tax cuts for two years, including those on upper-income Americans that Obama wanted to end. As a result, the debate over the tax cuts will have to be joined again during the 2012 presidential campaign.