Obama to call for Bush tax cut extensions for those making less than $250,000
President Barack Obama will call Monday for Congress to pass a one-year extension of the Bush-era tax cuts for people earning less than $250,000 a year, a White House official said.
The White House announcement was scheduled for 11:50 a.m. ET.
In addition, an Obama campaign official said the president’s re-election team will “amplify the president’s message on middle-class tax cuts” by hosting a series of events in battleground states all week across the country.
In Las Vegas, for example, local elected officials will discuss Obama’s efforts to fight for the middle class, the campaign official said. In Colorado, Aspen Mayor Mick Ireland, Colorado Democratic Party Chair Rick Palacio and state Sen. Gail Schwartz will hold a news conference to discuss the contrasting economic visions of Obama and presumptive GOP presidential nominee Mitt Romney.
The Obama campaign seeks to frame the November contest as a race between the president’s policies intended to help restore middle class opportunity versus Romney’s policies that it says would primarily benefit corporations and wealthy Americans.
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