News / USA

Obama, Republicans Spar Over Taxes

President Barack Obama speaks at Kirkwood Community College in Cedar Rapids, Iowa, July 10, 2012. President Barack Obama speaks at Kirkwood Community College in Cedar Rapids, Iowa, July 10, 2012.
x
President Barack Obama speaks at Kirkwood Community College in Cedar Rapids, Iowa, July 10, 2012.
President Barack Obama speaks at Kirkwood Community College in Cedar Rapids, Iowa, July 10, 2012.
Kent Klein
WHITE HOUSE — President Barack Obama and former Massachusetts Governor Mitt Romney, Obama's probable Republican opponent in November's presidential election, are campaigning on economic issues.  The president campaigned Tuesday in the Midwestern state of Iowa, a likely battleground state in this year's election.
 
President Obama went to Cedar Rapids, Iowa to reconnect with voters who gave him his first victory in the 2008 campaign - a win in the Iowa caucuses.

“This was a state that gave me a chance when nobody else would,” he said.

Public opinion surveys in this year’s race show the president and Mitt Romney virtually even.  But with unemployment at 8.2 percent, the majority of voters polled say they are unhappy with Obama’s performance on the economy.

Cedar Rapids was the president’s first campaign stop after challenging Congress to extend middle-class tax cuts for another year.  

“For us to give a trillion dollars’ worth of tax breaks to folks who do not need it - folks who do not need it and are not even asking for it - that does not make sense,” he said.

Obama wants to extend the tax cuts enacted during President George W. Bush's administration, but only for families earning up to $250,000 a year.  

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Central High School, July 10, 2012, in Grand Junction, Colorado.Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Central High School, July 10, 2012, in Grand Junction, Colorado.
x
Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Central High School, July 10, 2012, in Grand Junction, Colorado.
Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at Central High School, July 10, 2012, in Grand Junction, Colorado.
Romney and other Republicans want the cuts extended for all taxpayers.  The former Massachusetts governor campaigned Tuesday in the Western city of Grand Junction, Colorado.

“Small businesses and entrepreneurs will be able to keep more of their money to build their business, which is what I want to have done because, for me, it is all about jobs," he said. "It is creating good jobs for the American people, so I want to bring those tax rates down.”

The president’s version of the tax cuts is almost certain to be voted down in the Republican-led House of Representatives, which will vote later this month on extending all of the Bush-era tax cuts.

House Speaker John Boehner condemned the Obama plan Tuesday in a speech to a convention of building contractors here in Washington.  He called it "class warfare."

“The president cannot run on his record because his policies, his economic policies, have failed," he said. "They have made things worse.  And as a result, he has turned to the politics of envy and division.  That is what this is about, nothing but pure politics.”

President Obama is portraying himself to voters as an advocate for middle-class Americans.  Mitt Romney has been highlighting his experience running a business and creating jobs.

You May Like

Americans Celebrate Thanksgiving

Feasts centering on turkeys with an array of traditional sides and desserts are part of the holiday's traditions, which falls on the fourth Thursday in November More

Video For Obama, Ferguson Violence is a Personal Issue

With two years left in term, analysts say, president has less to lose by taking conversation on race further More

Video Italian Espresso Expands Into Space

When Italian astronaut Samantha Cristoforetti headed for the ISS, her countrymen worried how she would survive six months drinking only instant coffee More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Aung San Suu Kyi: Myanmar Opposition to Keep Pushing for Constitutional Changei
X
November 24, 2014 10:09 PM
Myanmar opposition leader Aung San Suu Kyi says she and her supporters will continue pushing to amend a constitutional clause that bars her from running for president next year. VOA's Than Lwin Htun reports from the capital Naypyitaw in this report narrated by Colin Lovett.
Video

Video Aung San Suu Kyi: Myanmar Opposition to Keep Pushing for Constitutional Change

Myanmar opposition leader Aung San Suu Kyi says she and her supporters will continue pushing to amend a constitutional clause that bars her from running for president next year. VOA's Than Lwin Htun reports from the capital Naypyitaw in this report narrated by Colin Lovett.
Video

Video Mali Attempts to Shut Down Ebola Transmission Chain

Senegal and Nigeria were able to stop small Ebola outbreaks by closely monitoring those who had contact with the sick person and quickly isolating anyone with symptoms. Mali is now scrambling to do the same. VOA’s Anne Look reports from Mali on what the country is doing to shut down the chain of transmission.
Video

Video Ukraine Marks Anniversary of Deadly 1930s Famine

During a commemoration for millions who died of starvation in Ukraine in the early 1930s, President Petro Poroshenko lashed out at Soviet-era totalitarianism for causing the deaths and accused today’s Russian-backed rebels in the east of using similar tactics. VOA’s Daniel Shearf reports from Kyiv.
Video

Video Hong Kong Protests at a Crossroads

New public opinion polls in Hong Kong indicate declining support for pro-democracy demonstrations after weeks of street protests. VOA’s Bill Ide in Guangzhou and Pros Laput in Hong Kong spoke with protesters and observers about whether demonstrators have been too aggressive in pushing for change.
Video

Video US Immigration Relief Imminent for Mixed-Status Families

Tens of thousands of undocumented immigrants in the Washington, D.C., area may benefit from a controversial presidential order announced this week. It's not a path to citizenship, as some activists hoped. But it will allow more immigrants who arrived as children or who have citizen children, to avoid deportation and work legally. VOA's Victoria Macchi talks with one young man who benefited from an earlier presidential order, and whose parents may now benefit after years of living in fear.
Video

Video New Skateboard Defies Gravity

A futuristic dream only a couple of decades ago, the hoverboard – a skateboard that floats above the ground - has finally been made possible. While still not ready for mass production, it promises to become a cool mode of transport... at least over some surfaces. VOA’s George Putic reports.
Video

Video Falling Gas Prices Impact US Oil Extraction

With the price of oil now less than $80 a barrel, motorists throughout the United States are benefiting from gas prices below $3 a gallon. But as VOA’s Kane Farabaugh reports, the decreasing price of petroleum has a downside for the hydraulic fracturing industry in the United States.
Video

Video Tensions Build on Korean Peninsula Amid Military Drills

It has been another tense week on the Korean peninsula as Pyongyang threatened to again test nuclear weapons while the U.S. and South Korean forces held joint military exercises in a show of force. VOA’s Brian Padden reports from the Kunsan Air Base in South Korea.
Video

Video Mama Sarah Obama Honored at UN Women’s Entrepreneurship Day

President Barack Obama's step-grandmother is in the United States to raise money to build a $12 million school and hospital center in Kogelo, Kenya, the birthplace of the president's father, Barack Obama, Sr. She was honored for her decades of work to aid poor Kenyans at a Women's Entrepreneurship Day at the United Nations.
Video

Video Ebola Economic Toll Stirs W. Africa Food Security Concerns

The World Bank said Wednesday that it expects the economic impact of the Ebola outbreak on the sub-Saharan economy to cost somewhere betweenf $3 billion to $4 billion - well below a previously-outlined worst-case scenario of $32 billion. Some economists, however, paint a gloomier picture - warning that the disruption to regional markets and trading is considerable. Henry Ridgwell reports from London.
Video

Video Chaos, Abuse Defy Solution in Libya

The political and security crisis in Libya is deepening, with competing governments and, according to Amnesty International, widespread human rights violations committed with impunity. VOA’s Al Pessin reports from London.
Video

Video US Hosts Record 866,000 Foreign Students

Close to 900,000 international students are studying at American universities and colleges, more than ever before. About half of them come from Asia, mostly China. The United States hosts more foreign students than any other country in the world, and its foreign student population is steadily growing. Zlatica Hoke reports.

All About America

AppleAndroid