McConnell: Obama should negotiate, not campaign
The White House says Obama intends to hold a series of events aimed at building support for his approach, which includes allowing taxes on the wealthy to rise while extending tax cuts for families earning $250,000 or less.
Those events include a meeting today with small business owners, and one tomorrow with middle-class families.
Both sides are warning that the impending tax increases and spending cuts set for January could harm the nation’s economic recovery, but an agreement still seems far from certain.
Obama isn’t the only one planning to try to build public support for his position. House Republicans are planning to hold events in the coming weeks with small businesses in their districts, to highlight the effect that tax increases could have on small businesses and their employees.