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Weekly Address: Congress Must Extend the Middle Class Tax Cuts

Summary: 
President Obama urges Congress to extend the middle class income tax cuts for 98 percent of Americans and 97 percent of small businesses without delay, making it clear that a balanced approach to deficit reduction means that Republicans in Congress must agree to ask the wealthiest Americans to pay higher tax rates.

President Obama urges Congress to extend the middle class income tax cuts for 98 percent of Americans and 97 percent of small businesses without delay, making it clear that a balanced approach to deficit reduction means that Republicans in Congress must agree to ask the wealthiest Americans to pay higher tax rates. 

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