Obama: Don’t hold tax cuts hostage

WASHINGTON —President Barack Obama said it is unacceptable for some congressional Republicans to “hold middle-class tax cuts hostage” because they do not want tax rates to rise on the wealthy.

In his weekly radio and Internet address Saturday, Obama said the average middle-class family of four could pay $2,200 more in taxes next year after the fiscal cliff.

He said Republicans could give families “a sense of security going into the New Year” by extending tax cuts for the middle class.

In the Republican address, Utah Sen. Orrin Hatch accuses Obama of a “classic bait-and-switch on the American people” amounting to a tax increase twice the size of what he campaigned on.

Hatch said Democrats are pushing what he calls a disastrous strategy.

ä the internet:

Obama address: www.whitehouse.gov

GOP address: www.youtube.com/gopweeklyaddress

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