In a September 7 editorial, The Washington Examiner falsely claimed that President Obama “supports letting the Bush tax cuts of 2001 and 2003 expire as scheduled on Jan. 1, 2011.”
In fact, as Media Matters has noted, according to Obama's FY 2011 budget proposal, “the President supports allowing [the Bush] tax cuts that affect families earning more than $250,000 a year to expire.” The budget also noted that such an action “will have no effect on the 98% of all household who make less than $250,000.” Further, The Boston Globe reported on April 10 that “Obama wants to extend Bush's tax cuts, except for individuals making more than $200,000 a year and couples making $250,000.”