Compact News: Extending Middle Class Tax Cuts for 98% of Americans

Tuesday, July 10, 2012

Extending Middle Class Tax Cuts for 98% of Americans

Your Daily Snapshot for
Tuesday, July 10, 2012

Extending Middle Class Tax Cuts for 98% of Americans

Yesterday the President called on Congress to extend the middle class tax cuts for the 98 percent of Americans making less than $250,000 for another year.

If Congress fails to act, a typical middle-class family of four will see its taxes go up by $2,200, and America’s small business owners would take a big hit. The President refuses to let that happen.

Find out more about the President's plan to help middle class families

President Barack delivers a statement on the need for Congress to act to extend tax cuts for middle class families, in the East Room of the White House, July 9, 2012. (Official White House Photo by Pete Souza)

In Case You Missed It

Here are some of the top stories from the White House blog:

The White House responds to a We the People Petition on the Bush Tax Cuts
The White House responds to a petition that asked the Obama Administration to commit to vetoing any legislation that extends the Bush tax cuts for the top 1%.

Ask an Expert About Refinancing
Check out the email we sent to the White House list about this week's refinancing event with Secretary of Housing and Urban Development Shaun Donovan.

President Obama Signs Bill to Create Jobs, Restore America's Transportation System
Thanks to legislation recently signed by President Obama, thousands of construction workers on job sites across the country will continue working to improve America's infrastructure.

Today's Schedule

All times are Eastern Daylight Time (EDT).

9:25 AM: The President departs the White House en route Joint Base Andrews

9:40 AM: The President departs Joint Base Andrews en route Cedar Rapids, Iowa

11:50 AM: The President arrives Cedar Rapids, Iowa

12:20 PM: The President holds a roundtable discussion with a local Iowa family

1:50 PM: The President deliver remarks on middle class tax relief at a campaign event

3:15 PM: The Vice President delivers remarks at the 2012 National Council of La Raza Annual Conference

4:40 PM: The President departs Cedar Rapids, Iowa en route Washington, DC

6:40 PM: The President arrives Joint Base Andrews

6:55 PM: The President arrives the White House

10:00 PM: The Vice President attends a campaign event