Obama Set to Battle Nancy Pelosi on Tax Cuts

President Barack Obama is willing to put his foot down and show he is the boss in Washington, D.C., much to the dismay or House Speaker Nancy Pelosi. Obama is standing up to Pelosi’s wish to repeal the Bush tax cuts for American’s making more than $250,000 that are set to expire in 2010.

Pelosi, who as speaker is the top figure in the House leadership, said Sunday she wants Congress to consider repealing President Bush’s tax cuts on those who make more than $250,000 well before they expire at the end of 2010. Obama had promised to repeal the tax cuts as well during the presidential campaign, but he has since backed off that pledge, signaling he would be willing to simply let them expire.

Let the infighting begin!

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January 18, 2009 | Filed Under Nancy pelosi, barack obama 

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