Obama: Helping Rich ‘The Thing That Binds’ Republicans Together

In interview with Al Sharpton, the president criticizes Republicans’ reluctance to raise taxes again

Obama to Sharpton: Helping Rich Only Thing that 'Binds' GOP Together (Examiner)

Appearing on Al Sharpton's radio program on Thursday, President Obama said the only thing keeping the Republican Party together is its desire to help rich people, Politico reported.

“My sense is that their basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations," he said. "And they would prefer to see these kinds of cuts that could slow down our recovery over closing tax loopholes, and that’s the thing that binds their party together at this point,” he added.

Obama also claimed that "75 percent" of the country support his "balanced approach" of tax increases and spending cuts, but attacked Republicans for arguing there needs to be more cuts.

“Unfortunately, I think Republicans right now have been so dug in on this notion of never raising taxes that it becomes difficult for them to see an obvious answer right in front of them,” he said.

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