Obama Praises Passage Of House Tax Deal

Late Tuesday night, President Obama praised the House’s passage of the Senate-approved fiscal cliff agreement to prevent a variety of tax hikes on middle class Americans.

The bill now heads to the president’s desk. He thanked Vice President Joe Biden and all four congressional leaders for their work.

“Everybody worked very hard on this and I appreciate it,” he said.

Obama called for additional deficit reduction in the form of “further reforms to our tax code” and spending cuts. But he reiterated his vow not to play games with the debt limit again.

“I will not have another debate with this Congress over whether or not they should pay the bills for laws they have already racked up,” he said.

ABOUT THE AUTHOR

Sahil Kapur is TPM's senior congressional reporter and Supreme Court correspondent. His articles have been published in the Huffington Post, The Guardian and The New Republic. Email him at sahil@talkingpointsmemo.com and follow him on Twitter at @sahilkapur.
LIKE US ON FACEBOOK