But will House GOP agree to the deal?
View From the Left: Obama ‘Kept Giving Stuff Away’
By PETER BAKER, NYT
President Obama’s fiscal deal with Republicans has touched off a fresh wave of grievance among disappointed liberals who complained that he caved in on taxes and sent a signal that he would ultimately surrender on other priorities as he prepared to open his second term.
While most Democratic senators went along with the compromise in an early-morning vote on Tuesday, activists, labor leaders and liberal economists issued a harsh barrage against the deal. The president, they said, squandered his election victory by allowing too many wealthy Americans to keep income and estate tax cuts that otherwise would have expired.
The criticism frustrated the White House, which argued that the president held true to his top priorities by forcing Republicans to accept higher income tax rates on higher income levels after they had long refused to do so. Aides noted that Mr. Obama also won important concessions in extending unemployment benefits and targeted tax credits, while beating back Republican demands to scale back the growth of entitlement benefits.
“While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country,” Mr. Obama said in a statement issued after the Senate vote early Tuesday. On Monday, he tried to reassure Democrats with a public appearance emphasizing that he still planned to seek more tax revenue in later fiscal talks.
(More here.)
President Obama’s fiscal deal with Republicans has touched off a fresh wave of grievance among disappointed liberals who complained that he caved in on taxes and sent a signal that he would ultimately surrender on other priorities as he prepared to open his second term.
While most Democratic senators went along with the compromise in an early-morning vote on Tuesday, activists, labor leaders and liberal economists issued a harsh barrage against the deal. The president, they said, squandered his election victory by allowing too many wealthy Americans to keep income and estate tax cuts that otherwise would have expired.
The criticism frustrated the White House, which argued that the president held true to his top priorities by forcing Republicans to accept higher income tax rates on higher income levels after they had long refused to do so. Aides noted that Mr. Obama also won important concessions in extending unemployment benefits and targeted tax credits, while beating back Republican demands to scale back the growth of entitlement benefits.
“While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country,” Mr. Obama said in a statement issued after the Senate vote early Tuesday. On Monday, he tried to reassure Democrats with a public appearance emphasizing that he still planned to seek more tax revenue in later fiscal talks.
(More here.)
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