UPDATE: Obama says debt-cutting deal can be reached soon - WAOW - Newsline 9, Wausau News, Weather, Sports

UPDATE: Obama says debt-cutting deal can be reached soon

Posted:
WASHINGTON (AP) -

President Barack Obama says he believes that members of both parties can reach a framework on a debt-cutting deal before Christmas.

Obama was joined by about a dozen middle-class Americans who have raised concerns about their taxes going up at the end of the year.

He says lawmakers face important deadlines in the coming weeks but the voices of the American people need to be a part of the debate.

Obama says we need to "approach this problem with the middle-class in mind."

The president is urging the public to pressure Congress through social media, pointing to (hastag)My2K on Twitter - a reference to the estimated $2,200 tax increase a typical middle-class family of four would see if the Bush tax cuts expire.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WAOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Chief Engineer Russ Crass at 715-842-2251. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.