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November 30, 2012

Obama to hit the campaign trail to pitch his fiscal cliff fix

President Obama leaves the White House later today for a campaign-style trip to Pennsylvania to take his pitch for a fix to the looming fiscal crisis to the public.

The White House says Obama will "make clear that any deal reached with Congress must ask the wealthiest to pay higher tax rates. The President will be clear that the House needs to follow the Senate's lead and act so that 98 percent of Americans don’t see their taxes go up at the end of the year - and he will call on Congressional Republicans to stop holding the middle class tax cuts hostage simply because they refuse to let tax rates go up for the wealthiest Americans."

The road show has irked some Republicans, but the White House says he's had success before in rallying public opinion to his side. Republicans Thursday panned his latest proposal to avert the fiscal cliff as "completely unrealistic."

HatBut Obama will travel to Pennsylvania's Montgomery County to tour and deliver remarks at construction toy manufacturer, The Rodon Group in Hatfield. He''ll press Congress to extend tax breaks for those making $250,000 or less, arguing that uncertainty over the taxes and the fiscal cliff could dampen consumer confidence. Republicans want to extend the tax breaks across the board.

The White House says Rodon is a manufacturer for K’NEX Brands, a construction toy company whose products include Tinkertoy, K’NEX, Nintendo and Angry Birds building sets. The companies, third-generation family businesses, employ more than 150 people at the Hatfield facility.

"As we move into the holiday season, Democrats and Republicans should come together to renew middle class tax cuts so families have more certainty at this critical time for our economy," the White House says. "If we act quickly, we can prevent a hit to consumer spending which is roughly 70 percent of the U.S. economy. That’s good for middle class families and it’s important for businesses like The Rodon Group."

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