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Obama says not extending middle-class tax cuts would be like receiving a 'lump of coal'

By Amie Parnes - 11/30/12 02:26 PM ET

President Obama said Friday that if Congress did not extend tax cuts for the middle class by Jan. 1, it would be like receiving a “lump of coal” for the holiday season.

“That's a Scrooge Christmas,” Obama said in brief remarks at a Pennsylvania toy factory.

The visit to the manufacturer of Tinkertoys and K’NEX building sets represents an effort by Obama to exert public pressure on Republicans in Congress to agree to an extension of middle-class tax rates that would allow rates on the wealthy to rise.

Read more from The Hill.


Source:
http://thehill.com/video/administration/270351-obama-says-not-extending-middle-class-tax-cuts-would-be-like-receiving-a-lump-of-coal

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