- Combat fatigue: elite special forces troops are ‘fraying,’ Gen. Joseph Votel warns
- German foreign minister to meet Kerry to discuss spying claims
- Florida police spokesman tells citizens: ‘Get yourself some firearms’
- California church handing out ‘travel cash’ to illegals heading east
- PHILLIPS: Liberal lawyers ensuring illegal aliens are never deported
- Chris Christie leading N.H. GOP presidential field; Mitt Romney lingers large
- NYC creates ID card so 500K illegal immigrants can get services
- Florida judge slaps GOP’s redistricting plans: You ‘made a mockery’ of process
- Muslims give Obama high marks over first half of 2014
- Pennsylvania sends draft notices to 14K dead men
Obama signals compromise with GOP on tax cuts
Question of the Day
WASHINGTON (AP) — A chastened President Obama signaled a willingness to compromise with Republicans on tax cuts and energy policy Wednesday, one day after his party lost control of the House and suffered deep Senate losses in midterm elections.
Mr. Obama ruefully called the Republican victories “a shellacking.”
At a White House news conference, the president said that when Congress returns, “my goal is to make sure we don’t have a huge spike in taxes for middle-class families.” He made no mention of his campaign-long insistence that tax cuts be permitted to expire on upper-income families, a position that put him in conflict with Republicans.
He also virtually abandoned his legislation — hopelessly stalled in the Senate — featuring economic incentives to reduce carbon emissions from power plants, vehicles and other sources.
“I’m going to be looking for other means of addressing this problem,” he said. “Cap-and-trade was one way to skin the cat,” he said, strongly implying there will be others.
In the campaign, Republicans slammed the bill as a “national energy tax” and jobs killer, and numerous Democrats sought to emphasize their opposition to the measure during their own re-election races.
The president opened his post-election news conference by saying voters who felt frustrated by the sluggish pace of economic recovery had dictated the Republican takeover in the House.
Asked to reflect on the returns, he said, “I feel bad,” adding that many Democrats who went down to defeat had done so knowing they risked their careers to support his agenda of economic stimulus legislation and a landmark health care bill.
The president said he was eager to sit down with the leaders of both political parties “and figure out how we can move forward together.”
“It won’t be easy,” he said, noting that the two parties differ profoundly in some key areas.
The election was a humbling episode for the once-high-flying president, and the change showed during his news conference. Largely absent were his smiles and buoyant demeanor, replaced by somberness and an acknowledgment that his policies may have alienated some Americans.
“I think people started looking at all this, and it felt as if government was getting much more intrusive into people’s lives than they were accustomed to,” he conceded — but he wasn’t talking surrender, either.
He sought to tread a careful line, suggesting he would cooperate with Republicans where it was possible and confront them when it was not.
“No one party will be able to dictate where we go from here,” he said, a clear warning to Republicans that he won’t simply bow to their demands for a sharply conservative switch in economic policy.
With his comments, Mr. Obama largely followed the lead of Republican leaders, who said earlier in the day they were willing to compromise — within limits.
TWT Video Picks
Senate majority leader practices politics of personal destruction
- Va. Democrat reportedly seeks nude shots of Kendall Jones
- Armed militia sets up Texas command center to 'fight for national sovereignty'
- Obama seeks brisk passage of border children funding bill
- Bloomberg: Pro-gun towns must lack roads
- PRUDEN: 'Dirty Harry' Reids increasing eccentricity
- Hamas orders civilians to die in Israeli airstrikes
- IRS employee suspended for pro-Obama activities
- BRUCE: The feds plot to steal your paycheck
- Bush fixed bowling lanes that Obama wants to renovate
- Amid border crisis, Obama to take 15-day vacation in Martha's Vineyard
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq
World Cup's sexiest WAGs