President Obama: Tax Cuts for Wealthy Are Republicans' 'Holy Grail'

President Obama today strongly defended the tax cut deal he struck with Republicans amid criticism from his own party that he caved in too quickly to GOP demands. "I've said before that I felt that the middle class tax cuts were being held hostage to the high end tax cuts. I think it's tempting not to negotiate with the hostage takers, unless the hostage gets harmed. Then people will question the wisdom of that strategy." Obama said at a press conference today, referring to Republicans'...Full Story
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