Congress has one month to ensure the economy does not go over the "fiscal cliff." Part of that is dealing with tax rates for not only the middle class but also high income earners. President Barack Obama has been trying to push a tax increase of income over $250,000 to help pay down the deficit while Republicans have been adamant that nobody's rates increase.
A couple years ago Republicans won that battle and President Obama agreed to extend the rates for everybody. Now, after winning re-election President Obama is taking his case on the road and using his weekly address to urge the American people to contact their legislators and senators telling them to not raise rates on 98 percent of America. President Obama used his address also to call on Congress to pass an extension for the middle class now while the rest of the "fiscal cliff" details are worked out in the coming month.
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