Tornado Alley (PROG)

[fuagf]

otcbargains, careful .. "Neither one of them wanted to take the heat for passing tax hikes"

Major initiatives

The following major changes were proposed to federal programs:

The Bush tax cuts in 2001 and 2003 were scheduled to expire if no action was taken. The Obama administration had proposed that the tax cuts would be allowed to expire only for individuals earning over $200,000 and families earning over $250,000. However in December of 2010 congress along with President Obama struck a deal to extend the said Bush tax cuts for another two years through the 2012 fiscal year. Current tax rates would remain as is for everyone across the board but payroll taxes would be lowered and the social security tax would be lowered by two percentage points.

Banks would face a $90 billion tax in total over 10 years.

More .. http://en.wikipedia.org/wiki/2011_United_States_federal_budget

Obama wanted tax hikes .. how could you suggest he didn't?