Obama Criticizes Estate Tax Repeal

I have previously discussed,  the bill to eliminate the estate tax that passed through the House Ways and Means Committee last month.  Now, President Obama is speaking out against the plans by Republicans to repeal the tax. 

Today Obama is traveling to Kentucky to visit a technology company and voice his concerns about the $300 billion cost of eliminating the tax.  White House spokesman Josh Earnest deems the GOP’s approach as “fiscally irresponsible,” which will do nothing to benefit the country’s middle class. 

See Darlene Superville, Obama to Criticize GOP for Plan to Repeal Estate Tax, The Washington Post, Apr. 2, 2015.