The President to Call for Extension of Some Bush-Era Tax Cuts

Monday, July 09, 2012

President Barack Obama speaks at the University of Nevada Las Vegas on June 7. (Jewel Samad/AFP/Getty)

President Obama is calling today for a one-year extension of the Bush-era tax cuts for people who make less than $250,000. The Obama proposal differs from the Republican plan, which would extend tax cuts for both middle and upper-class Americans. Even some leading Democrats have argued that the tax cuts should be extended for everyone who earns up to $1 million. Joining us is Molly Ball, who covers politics for The Atlantic.

Guests:

Molly Ball

Produced by:

Arwa Gunja

Comments [1]

Charles

I find it interesting that public radio is so fastidious about referring to the "Bush era tax cuts," with the underlying idea that they were originally thought to be temporary, to spur economic activity.

But when it comes to the drop in interest rates in student loans, all we hear about is the prospect that they will be "doubled."

In both cases, temporary-relief measures were intended. But in one case (tax cuts) public radio is happy to emphasize that fact; and in another case (student loans) that fact is buried.

Jul. 09 2012 11:07 AM

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