After a week in which lawmakers in Washington said there had been “no progress” on the “fiscal cliff” talks, President Obama reiterated for Republicans his stand on the gridlocked negotiations: No deal without higher taxes on high-income Americans.
In his weekly radio and Internet address on Saturday, the president said his re-election on Nov. 6 settled the issue of whether Americans support higher tax rates.
“If we’re serious about reducing our deficit while still investing in things like education and research that are important to growing our economy — and if we’re serious about protecting middle-class families — then we’re also going to have to ask the wealthiest Americans to pay higher tax rates. That’s one principle I won’t compromise on,” he said.
“After all, this was a central question in the election,” the president said in the taped remarks.
As perhaps evidence of the ever-rising stakes in the ongoing fiscal showdown, the GOP response on Saturday came from Sen. Marco Rubio, the Florida Republican and potential 2016 contender who has assumed a prominent role as one of the national faces of the party in the wake of Mitt Romney’s defeat.