President Barack Obama has reportedly expressed to Republicans that he is open to compromising on his stimulus bill.
Wired PR News.com – President Barack Obama has expressed to Republicans that he is willing to compromise on his highly debated economic rescue package. As reported by the Associated Press (AP), in a series of closed door meetings on Capitol Hill Tuesday, the President stated his willingness to accept some of the proposed changes requested by Republicans to his $825 billion rescue bill.
Obama is quoted in the AP report as stating a day before an important vote on the measure, “The American people expect action.” Specific changes to the bill were not made explicit; however, the President purportedly stated that his aides would consider GOP lawmakers’ requests for modifications that would include additional business tax relief.
Included in Obama’s bill is a tax cut for low and middle income workers for $500 for single workers and $1,000 for couples.