orangeleader.com (Orange, Texas)

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November 27, 2012

Obama to appeal to public on fiscal cliff

(Continued)

WASHINGTON —

On Friday, Obama will tour and deliver remarks at The Rodon Group manufacturing facility in Hatfield, Pa., offering the company up as an example of a business that depends on middle-class consumers during the holiday season. The company manufactures parts for K'NEX Brands, a construction toy company whose products include Tinkertoy, K'NEX Building Sets and Angry Birds Building Sets.

Congressional Republicans, led by Boehner, have expressed openness to discussing additional revenue but oppose any plan that raises tax rates on the wealthy. They argue that the higher rates would also hurt some small businesses and hinder economic growth.

Republicans have called for changes to the tax code to eliminate tax breaks and loopholes that primarily benefit the wealthy. Several key Republican lawmakers have also said they would not be bound by a no-tax-increase pledge that they have adhered to in the past.

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