Cabinet Meeting

Today, President Obama held his first full Cabinet meeting since the election took place.
He first thanked Cabinet members for doing “a remarkable job on behalf of the American people, across the board, on a range of issues” including growing our economy, putting people back to work, and keeping Americans safe around the world.
But there’s still much work to be done, he reminded them. In today’s meeting, President Obama said the Cabinet would discuss efforts to help communities recover and rebuild after Hurricane Sandy, as well as something that’s on the minds of many American families across the country: making sure taxes on the middle class don’t go up.

There is no reason why taxes on middle-class families should go up. It would be bad for the economy.  It would be bad for those families. In fact, it would be bad for the world economy. And so I think it’s very important that we get that resolved, and I am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so that we can keep this recovery going.