
President Obama addressed the nation today at around 1:45 PM Eastern. He said: “It appears that an agreement to prevent this New Year’s tax hike is within sight…but it is not done. There are still issues left to resolve but we are hopeful that Congress can get it done….but it’s not done. And so part of the reason that I wanted to speak to all of you today is to make sure that we emphasize that to congress and that members of both parties understand that all across America this is a pressing concern on people’s minds. “ The president then laid out the tentative agreement as it currently stood in negotiations. · Extend tax credit to families with children · Extend Tuition Tax credits · Extend Tax credits for clean energy companies · Extend unemployment insurance · Keep tax cuts on 98% of Americans The president said his preference would have been to solve all the problems in the context of a larger agreement that solved the deficit problem in a balanced way so that all … [Read more...]














