Schumer drops objection to Obama tax plan
Posted on AllSides July 9th, 2012
From The Left
Sen. Charles Schumer (D-N.Y)  who had pushed hard for letting tax cuts lapse for millionaires at years end – has agreed to back President Barack Obamas plan to impose hikes on families earning more than $250,000, quashing what might have been an election-year Democratic food fight.
Obamas team quietly pressed top Hill Democrats last month to back the plan in a series of White House meetings people close to the situation tell POLITICO.
Read more: http://www.politico.com/news/stories/0712/78241.html#ixzz209UJ0ntJ
