The Obama Administration Listens And Responds To The People

February 1, 2011

Dear Friend:

Thank you for writing. President Obama has heard from many Americans about the recent tax cut agreement, and we want to make sure you are aware of some relevant information about this important issue.

President Obama is committed to doing what is right for the American people, for jobs, and for economic growth. Because of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, working families will be able to keep their tax cuts, those looking for work will be able to keep their unemployment insurance, and job creation will be spurred by payroll tax cuts and investment incentives. Independent economic experts have concluded that, taken together, this package of tax cuts should significantly accelerate the pace of our Nation's economic recovery.

This bill was a compromise, and like all compromises, there were some provisions in the bill that President Obama did not agree with, particularly the temporary extension of tax breaks to the wealthiest two percent of Americans and a more generous treatment of the estate tax than is warranted. But President Obama was not willing to allow taxes to go up for middle-class families or to cut vital support for people who are looking for work in these tough times.

Here are some more resources on the middle class tax cuts and unemployment insurance agreement that you may find helpful:

• White House White Board: Tax Cuts, Unemployment Insurance, and Jobs: http://wh.gov/OtT • Framework Agreement on Middle Class Tax Cuts and Unemployment Insurance: http://wh.gov/OLV • The President Signs the Tax Cut & Unemployment Insurance Compromise: "Some Good News for the American People this Holiday Season": http://wh.gov/Otd • The President's Weekly Address: Tax Cuts Kicking In: http://wh.gov/cjR Thank you again for writing. President Obama is grateful to hear from thousands of Americans each day, and we appreciate your taking the time to contact the White House.

Sincerely,

The White House

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