In it, but not of it. TPM DC

Ben Nelson Bucks Obama On Bush Tax Cuts -- But Obama Won't Commit To A Veto Either

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Newscom / Ron Sachs

To that end, Obama's calling on the GOP to cave. "[W]e should not hold middle class tax cuts hostage any longer," he said in Cleveland yesterday. "We are ready, this week, to give tax cuts to every American making $250,000 or less."

But he's also not prepared to threaten a veto if Congress sends him legislation extending the tax cuts for the wealthy. Obama dodged a series of questions from ABC's George Stephanopoulos, who tried to pin him down on a veto.

"[W]ill veto an extension of tax cuts to the wealthy?" Stephanopoulos asked.

"What I am saying is that if we are going to add to our deficit by $35 billion, $95 billion, $100 billion, $700 billion, if that's the Republican agenda, then I've got a whole bunch of better ways to spend that money," Obama responded.

"But you're not saying you're gonna veto it," Stephanopoulos pressed.

Obama repeated himself: "There are a whole bunch better ways to spend the money."

"How come you don't want to say veto?"

"There are a whole bunch better ways to spend the money."

Unless he commits to that veto, Republicans will have the upper hand in the legislative fight.