President Obama’s Weekly Address 7/28/2012 Congress Must Act On Middle Class Taxes

From the White House; “President Obama urges Republicans in the House of Representatives to act on his proposal to protect middle class families and small businesses from being hit with a big tax hike next year.” According to Obama, “If 218 Members of the House vote the right way, 98% of American families and 97% of small business owners will have the certainty of knowing that that their income taxes will not go up next year.” He adds, “instead of doing what’s right for middle class families and small business owners, Republicans in Congress are holding these tax cuts hostage until we extend tax cuts for the wealthiest Americans.”