Friday, July 15, 2011

Obama Says 80 percent of the Public Supports Tax Increases

Obama made a blunt statement saying 80% of Americans want the tax increase. That is a stupid statement to make. Americans do no support Obamacare and that is a tax to the American people. Obama is still in denial and remains living in a fantasy world.

(The Hill) President Obama on Friday kept up the pressure on Republicans to agree to revenue increases in a deal to raise the debt ceiling, claiming 80 percent of the public supports Democrats' demand for tax increases.

"The American people are sold," Obama said. "The problem is members of Congress are dug in ideologically."

Throughout the press conference, Obama blasted Republicans for ignoring what he said is the will of the American people by rejecting tax increases that would balance out spending cuts in a debt package.

Obama repeated his warning that the country is "running out of time" to avert a financial “Armageddon.”

Obama said he is still pushing for a “big” deal to raise the debt ceiling by the Aug. 2 deadline despite the hardening of positions on Capitol Hill.