Obama: Republicans Blocking Middle-Class Tax Cuts

President Barack Obama said Saturday that Republicans in the House are blocking a bill that would prevent a tax increase on the first $250,000 of income earned by all Americans. The Democratic-controlled Senate has approved the measure, but Obama said House Republicans have "put forward an unbalanced plan that actually lowers rates for the wealthiest Americans." Obama supports a plan to raise taxes on families earning more than $250,000. In his weekly radio and Internet address,...Full Story