Barack Obama, Middle Class | featured news

President Barack Obama said Wednesday he believes that members of both parties can reach a "framework" on a debt-cutting deal before Christmas, making his case with a mix of optimism and pressure on congressional Republicans to keep tax rates from rising on the middle class.

After three days of tending to storm business, President Obama gets back on the campaign trail Thursday with plans to offer a closing argument focused on middle-class security.

President Obama's latest television ad hits Mitt Romney over his tax cut plans, saying they will lead to tax hikes for the middle class.

Tax cuts that President George W. Bush signed in 2001 and 2003 are playing a major role in the election of 2012. They surface again today as the Democratic-run Senate holds a symbolic debate over President Obama's proposal to extend the Bush tax cuts only for middle-class Americans, not for the wealthy.

President Obama told Americans on Monday he wants Congress to extend tax cuts for the country's middle class while letting them rise on high income earners. As he attempts to turn voters' attention from the stagnant unemployment numbers — now standing at 8.2% — and limp economic recovery, Obama spoke at the White House as he made an opening campaign pitch for continuing middle class tax relief.

Barack Obama is calling on Congress to extend a payroll tax cut for the remainder of the year as a deadline nears for Congress to act or see taxes go up for millions of working Americans.

President Barack Obama kicked off an effort to encourage businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme on Saturday aimed at courting middle-class voters.

Their views on the economy are relentlessly bleak, but America's so-called Walmart Moms -- the much-coveted working-class female voters whose support can swing an election -- do not blame President Barack Obama and have not given up on him.

Previewing key elements of his State of the Union address, President Barack Obama is announcing on Monday a series of initiatives aimed at calming some of the economic fears of struggling middle class families.

U.S. President Barack Obama will keep his promise not to raise taxes on people making less than $250,000 a year, the White House said Monday, rebutting comments by administration officials that indicated otherwise.