President Obama was adamant on Friday that he isn’t caving in to GOP pressure to extend the Bush-era tax cuts for the wealthiest Americans, despite a recent report claiming that he already has.
He told reporters at the G-20 summit in Seoul, South Korea that his “number one priority” is extending tax cuts for the middle class
“I continue to believe that extending permanently the upper-income tax cuts would be a mistake and that we can’t afford it,” he said. “And my hope is, is that somewhere in between there we can find some sort of solution.”