"Because of what we did, 95% of all working families will get a tax cut -- in keeping with a promise I made on the campaign. And I’m pleased to announce that this morning, the Treasury Department began directing employers to reduce the amount of taxes withheld from paychecks -- meaning that by April 1st, a typical family will begin taking home at least $65 more every month. Never before in our history has a tax cut taken effect faster or gone to so many hardworking Americans."
It's gonna be fucking hilarious watching the repugs try to explain "Yes, well, when we said tax cuts we didn't mean tax cuts for people who actually - yuck - work for a living."
Full transcript here.
I applaud President Obama for his keeping of an important campaign promise. I only wish the cuts had been bigger and deeper. But it's nice to see his bold, quick, decisive action and how he is skilly outmaneuvering those crybaby conservatives in Congress. Your last statement says it all about the hypocrisy of the Republicans concerning taxes. I'll bet you thought GOP stood for Grand Old Party, right? What it REALLY stands for is - take your pick - Guardians Of Past, Government Obstruction Policy, or Giving Out Poverty!
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