Posted on 10/06/2011 8:25:53 AM PDT by SeekAndFind
The White House Press Office announced that President Barack Obama will hold a press conference at 11 a.m. this morning though no topic was announced.
Obama is in the middle of a weeks-long push on his jobs bill, which is certain to take up a significant portion of the questioning. We expect him to be asked about the Occupy Wall Street protests, and the killing of U.S.-citizen Anwar al-Awlaki as well.
Also expect Obama to be asked about his criticism of Bank of America's $5 fee for checking account customers and his increasingly-combative tone toward Republicans as his reelection campaign hits high gear.
UPDATE: CNN is reporting that Obama will endorse the over-5% millionaire surtax proposed by Senate Democrats yesterday. The tax would go above and beyond allowing the Bush tax cuts to expire potentially raising the top marginal tax bracket to 44.6 percent.
The Buffett Rule only would apply to a fraction of millionaires and billionaires with effective tax rates below that of the average middle-class family. The surtax would hit all incomes over $1 million and would be on top of the expiration of the Bush tax cuts in 2013.
(Excerpt) Read more at businessinsider.com ...
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Sure, why not? Since he can’t get it passed anyway, why not endorse a 50% Net Worth Tax on “millionaires and billionaires”? It will make the crowds camping out around Wall Street swoon.
Doubling down as usual.
Rush Limbaugh is saying he is digging a deeper hole for himself. He is saying even many on the left know and are embarrassed watching this garbage.
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