Wednesday, November 17, 2010

The New Power in Washington D.C vs. President Obama


White House: Reports that a planned meeting between Republican Congressional Leaders and the President has to be rescheduled. Due to other more important meetings that the Republicans have at the moment. This shows how the power has shifted in the Beltway folks, the Oval has to wait in till the Republicans have their Agenda agreed, this Agenda is not the OBAMA Agenda. The first issue will the be the Bush 43 tax cuts, the Republicans want ALL Americans to keep the tax cuts the Oval wants just those earning up to two hundred and fifty thousand to keep the tax cuts. As President Obama is planning for his Re - Election Campaign of 2012 he can not afford to be seen as a tax raiser in a recession thus he will have to cave to Republican demands for all the Bush 43 tax cuts to be kept in place. This will send former Speaker Pelosi in to a tail spin of left wing anger, but this might help POTUS, if he is seen as taking on his base this will look good to moderate and even some moderate Republicans, as a President once said, elections have consequences.

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