Some good news: Obama is against extending tax cuts to wealthy after this year ends.

[Cal33]

Well, Obama is summoning up his courage in fighting for Main Street Americans.
Here's a brief excerpt from an article in New York Times:


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WASHINGTON ? President Obama on Wednesday will make clear that he opposes any compromise that would extend the Bush-era tax cuts for the wealthy beyond this year, officials said, adding a populist twist to an election-season economic package that is otherwise designed to entice support from big businesses and their Republican allies.


White House officials have strenuously avoided labeling the proposal a second stimulus plan, a phrase that has taken on negative political connotations since the original roughly $800 billion recovery plan and subsequent additions have failed to push unemployment down substantially.