The President announced the framework of a bipartisan agreement to extend a set of tax rates that were set to expire, once again extend unemployment benefits, and pass additional measures that he expects will help middle-class families and hopes will create jobs.
President Obama's concession to Republicans on extending the Bush tax cuts for the wealthy appears to have sent many of his historically most fervent supporters to new levels of despair. The president's refusal to fight harder against the massive giveaway to people who need it the least has disheartened not only activists, former Obama advisers and members of Congress, but his grassroots. Read More
Now, he's recorded a video to speak directly about the tentative agreement to his base, who are all livid by the notion of any agreement with those evil Republicans
"This agreement, while not perfect, is vital to millions of Americans who are out of work through no fault of their own -- as well as millions of middle-class families, students, parents, and small businesses."
Both Conservatives and Liberals each have their problems with this tentative agreement and only time will tell what is actually passed if anything, and sent to the President for his signature.
We believe that the most important issue to note in this whole debate is that Republicans view money earned by taxpayers belongs to the taxpayers. They also believe that money will have more of an effect on stimulating the economy and is more responsibly spent and by those that have earned it. Democrats view the money earned by a taxpayer as the governments money and those that earn it can keep only what the government decides to allow them to keep, which is where the major philosophical difference between the parties in this debate lies.
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