VIRGINIA BEACH, Va. - President Barack Obama says if Mitt Romney and Republicans aren't willing to let tax cuts lapse for the wealthiest Americans, they're "not serious" about deficit reduction.
At a campaign rally in Virginia Beach, Va., the president renewed calls to extend Bush-era tax breaks for the poor and middle class while the two sides argue about the remaining top 2 percent of Americans.
But he says Republicans are balking - and holding middle-class cuts, in his words, "hostage."
The GOP calls Obama's plan a recipe for a massive tax hike that'll hit small business.
Obama is kicking off two days of campaigning in Virginia, which he won four years ago - the first Democratic presidential hopeful to do so since 1964.
To comment, the following rules must be followed:
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.