Personal Loans

Washington, D.C., United States (AHN) – The White House on Tuesday reiterated its determination to let the Bush era tax cuts to lapse this year even though a former White House Budget Director Peter Orszag through a media article suggested to the contrary.

White House Press Secretary Robert Gibbs told journalists at the regular briefing, “Our viewpoint on this is that we should and must pass legislation that extends the tax cuts for middle-class families,” he said. “But we cannot afford, in this environment to — in our budgetary and fiscal environment to extend the tax cuts for those that make more than $250,000 a year.”

“I don’t think the president believes that we are a $100,000 tax cut from a millionaire away from an economy that works for families that are making $40,000 a year,” Gibbs said.

On the airing of his opinions, Gibbs noted Orszag, who left the Obama administration in July, hardly voiced these views while serving in the White House.

Gibbs admitted, “I obviously was not in every meeting that Peter was in,” adding, “I did not hear him make this argument. He may have made this argument at some meetings. I certainly don’t recall it, but that’s not to say that he didn’t.”

“I wouldn’t want to generalize about anybody here,” he said. “I think, probably, like a number of people that work here, if you walked into any meeting, people have opinions that may or may not vary with those that are in the room.”

Journalists noted during the briefing that Orszag had written in a recent media outlet that raising taxes would “crimp consumer spending, further depressing the already inadequate demand for what firms are capable of producing at full tilt.”

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