Many liberals annoyed and angry with their leader and had surrendered on regards to raising taxes on the rich, pretty much without a fight. Conservatives recently won the battle against the liberal stimulus program that would have introduced a $844 billion relief package.
Many say that this move from Obama is the first step for Obama to gain re-election. By appeasing to the Conservative views on the reform, he may be winning over many citizens with vote to go with him in 2012. This is mainly appealing to the rich who pay almost 60% of the entire countries taxes; the rich being anyone who makes over $250,000 a year.
Now, with Conservatives in power and in control over the taxes, a more regulated and conformed spending plan will be put in place and will keep the country out of the debt we are trying to get out of that the Liberals got us into.
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