Washington (CNN) – With the leaders in Washington locked in a fiscal cliff standoff, President Barack Obama will visit a “middle class” home in Northern Virginia on Thursday to promote his proposal in the negotiations, according to the White House.
A member of this particular family, the White House said, engaged in the administration’s #My2K Twitter campaign over the last week that encouraged Americans to ask questions of the president and share how the money saved by extending the Bush-era tax cuts for 98% of Americans will impact their lives.
The visit follows a virtual standstill between the political parties after both proposed solutions to stave off the fiscal cliff deemed unacceptable by the other side. Treasury Secretary Timothy Geithner took the administration’s line in the sand further Wednesday when he said the White House would go over the so-called cliff if Republicans in Congress refused to raise tax rates on the top 2% of income earners.
“There’s no prospect in an agreement that doesn’t involve those rates going up on the top 2 percent of the wealthiest Americans,” Geithner said in an interview on CNBC Wednesday.
Meanwhile, House Speaker John Boehner continued to support closing deductions and loopholes but would not open the door to increased tax rates on the highest income earners.
Obama and Boehner spoke for the first time in a week via telephone Wednesday, according to sources. But the two did not move the ball forward on the top tax rates.
The negations will no doubt be a topic at the daily press briefing by Press Secretary Jay Carney, scheduled for 11:30 a.m. ET.
In the evening, the first family will attend the annual Christmas tree lighting on The Ellipse in the nation’s capital.
Does this guy ever work?
you're an idiot if you don't know what the president to do, what the congress to do and what the justice dept to do (that's all three constitutional bodies of USA)...
what about congress taking off for a long weekend, do they ever work?
@acdguy: He is working..... working for the American people, not like that last fool in office "W" who worked very hard for that 1-2%. Just like Boehner and the rest of the GOP stooges now obstructing anything any everything.
response to (acdcguy) – He's met with CEO's he's made clear his plan during, before and after the campaign about his tax strategy. He's reaching out to everyone leaving options on the table knowing full well not everyone is going to get what he wants. Instead of being so critical, get on board and support something, someone. make your voice heard. Contact your senator or congressman and stop complaining. Both sides are going to have to conceed to make this work.
Under the Constitution .. Government can not Borrow money if a War is not been declared * they have to sell Bonds.stock, or Gold .. No war = no Credit No Budget..this is to Protect the Peoples money so Government was not to get to big to Control under the Constitution..As of January 2011, foreigners owned $4.45 trillion of U.S. debt, or approximately 47% of the debt held by the public of $9.49 trillion. Do you want to be owned by Communist Country"s ? If Government can not reace a Budget then Powers are giving to the States to protect there own ..
There's a reason that middle class is in quotes here. Northern Virginia has a 6-figure median income – the highest in the country. Not exactly representative of the rest of the U.S.
"Mere days after the polls closed in 2004 — the election he actually won – President George W. Bush proclaimed, “I earned capital in this campaign, political capital, and now I intend to spend it.” Bush garnered 286 electoral votes and called it a mandate.
Well, last month, President Barack Obama racked up a whopping 332 electoral votes in his re-election bid. Now, that’s a mandate."
We, who liked his message, now expect him to deliver for us!
@acdguy: does your mind work?
ignore acdc he has no mind and just likes to hear himself talk. The ball is in the repos court lets see if we go over the cliff. President has been campaning on letting the tax rates for the wealthy expire. What doesn't the repo party understand. roll over grover
Because the Republican members in the House were re-elected to represent the members in their district, many who do not want taxes to go up without some assurance that there will also be budget cuts. In 2008 for example, Nancy Pelosi had an overall approval rating of 13 percent. However, she was easily re-elected by the people in her district. That is because she represents her district.
All I have seen is talk about increasing taxes on this forum. I have seen almost nothing said about budget cuts. Despite many who state that Giethner presented budget cuts, I have not seen what exactly they are. Nor is anyone else.
I agree there will need to be an increase in revenue. But without a solid budget, that revenue will not go toward decreasing the deficit. It will be spent on something else.
One of the effective ways to cut the deficit is to have more revenue coming in to meet the current budgetary needs...which would mean there would not be a need to put items on the national credit card in the form of more borrowing the unfunded debt.
Secondly, I am sure Treasury Secretary Geithner and the White House have made clear where they will accept budget cuts, and where they will not. The fact that you have not received a heads-up about where the final cuts are recommended doesn't mean they haven't been submitted to those in the House.
Currently, I think we are seeing some of the GOP leaving the Senate, due to their knowing the next two years are not going to be the sweet obstructionist ride they have had the last four years....case in point DeMint.
Let me know the family's income and net worth. Then we'll see what "middle class" is all about.
hey congress has worked so hard they are taking a long weekend. Then when they come back they can get ready for Christmas break, And some of you clowns complain about the president taking time off.
You mean like Obama's scheduled $4million taxpayer funded Hawaii trip?
They ALL take too much time off, Senators, Representatives, and the POTUS. Do suggest that Obama hasn't improved his golf game since becoming president would be ridiculous.
Obama hasnt done a budget since he was elected! I doubt he could do one anyway. He will drive our country off the cliff and go away! And he will blame anyone but Obama .4 years later unemployment just got back to where it was when he started! He has created a mountain of debt and he will keep pushing till we are all broke!
Actually $15.4 Trillion of that $16 Trillion deficit still belongs to Reagan and Bushes'.