Obama Faces Tax-Cut Backlash From His Own Party
December 9, 2010 by Special To Personal Liberty
President Barack Obama's willingness to compromise with Republicans about the Bush-era tax cuts has received harsh criticism from Congressional Democrats and some of his other supporters.
The deal, which was reached on Dec. 6, includes tax break extensions for all Americans for two additional years. Democrats were fighting for taxes to be raised for individuals earning more than $200,000 per year and families making more than $250,000. A Democratic proposal was passed in the House of Representatives, but two separate bills were shot down by Senate Republicans on Dec. 4.
Several Democrats have publicly condemned the President's deal with Republicans. According to Bloomberg BusinessWeek, Representative Chris Van Hollen (D-MD.) said that many House Democrats have "some serious reservations" about the tax-cut agreement.
Senator Frank Lautenberg (D-N.J.) said he wasn't necessarily going to vote against the deal, but he expressed concern.
"To me it has a bad aroma, and I don’t like what I see," Lautenberg said, quoted by the news provider. "It almost has a let 'em eat cake character [because] the people who don’t need [the extension] are going to get tax relief."
According to The Washington Post, a new poll reveals that many individuals who contributed time or money to Obama's presidential campaign in 2008 are opposed to the recent compromise. The poll, which was conducted by the nonpartisan firm Survey USA, shows that 57 percent of former Obama supporters said they are less likely to support the President and other Democrats in 2012 who back the tax cut deal.