LWW
09-09-2011, 08:58 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><u><span style='font-size: 14pt'>OBAMA:</span></u> <span style='font-size: 11pt'>"Everything in here is the kind of proposal that's been supported by both Democrats and Republicans, including many who sit here tonight."</span>
<u><span style='font-size: 14pt'>THE FACTS:</span></u>[/size] Obama's proposed cut in the Social Security payroll tax does seem likely to garner significant GOP support. But Obama proposes paying for the plan in part with tax increases that have already generated stiff Republican opposition.
For instance, Obama makes a pitch anew to end Bush-era tax cuts for the wealthiest Americans, which he has defined as couples earning over $250,000 a year or individuals over $200,000 a year. Republicans have adamantly blocked what they view as new taxes. As recently as last month, House Republicans refused to go along with any deal to raise the government's borrowing authority that included new revenues, or taxes. </div></div>
OBAMA LIED! (http://hosted.ap.org/dynamic/stories/U/US_OBAMA_JOBS_FACT_CHECK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-09-09-04-41-51)
<u><span style='font-size: 14pt'>THE FACTS:</span></u>[/size] Obama's proposed cut in the Social Security payroll tax does seem likely to garner significant GOP support. But Obama proposes paying for the plan in part with tax increases that have already generated stiff Republican opposition.
For instance, Obama makes a pitch anew to end Bush-era tax cuts for the wealthiest Americans, which he has defined as couples earning over $250,000 a year or individuals over $200,000 a year. Republicans have adamantly blocked what they view as new taxes. As recently as last month, House Republicans refused to go along with any deal to raise the government's borrowing authority that included new revenues, or taxes. </div></div>
OBAMA LIED! (http://hosted.ap.org/dynamic/stories/U/US_OBAMA_JOBS_FACT_CHECK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-09-09-04-41-51)