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Mon, Dec 03 2012 11:56:30
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Business

President Obama Answers Fiscal Cliff Questions on Twitter

With the Fiscal Cliff now 28 days away, Americans are beginning to worry about their taxes. President Barack Obama will answer questions live on Twitter at 2pm EST. We will be updating as it happens.

  1. In August and October of this year, President Obama took to Reddit, a social news website, to reach voters before November's election.
  2. CNBC
    CNBC@CNBC
    President @BarackObama takes to @Reddit to answer questions. SEE: cnb.cx/NCOlhW (via @Cadiethompson)
    Wed, Aug 29 2012 14:13:27
  3. Now, it's Twitter's turn.
  4. whitehouse
    The White House@whitehouse
    Good to see lots of folks on twitter speaking out on extending middle class tax cuts. I'll answer some Qs on that at 2ET. Ask w/ #My2k –bo
    Mon, Dec 03 2012 09:30:09
  5. Tweets signed -bo come directly from the President. Twitter users can submit questions by using the hashtag #My2K
  6. Barack Obama has been using the #My2K hashtag for several days, urging Americans to be informed about what the Fiscal Cliff could mean for them:
  7. whitehouse
    The White House@whitehouse
    President Obama: "It's unacceptable for some Republicans in Congress to hold middle class tax cuts hostage" Watch on.wh.gov/30dliwL #My2k
    Sat, Dec 01 2012 13:06:48
  8. The @whitehouse account has been promoting this tweet for the last week:
  9. What does $2,000 mean to you? Tell us with #My2k http://pic.twitter.com/l0CBS0pW
    The White House@whitehouse
    ·
    Wed, Nov 28 2012 09:16:40
  10. CNBC's social media team will be updating this Storify as the questions and answers begin rolling in.
  11. And we're off!
  12. whitehouse
    The White House@whitehouse
    hey guys - this is barack. ready to answer your questions on fiscal cliff & #my2k. Let's get started. -bo
    Mon, Dec 03 2012 11:04:58
  13. Question #1:
  14. pmmckenzie
    Phillip M. McKenzie@pmmckenzie
    Mr. President, can you assure us that any "fiscal cliff" negotiations regarding entitlement reform will not hurt the most needy? #My2K
    Mon, Dec 03 2012 11:02:11
  15. Answer #1:
  16. whitehouse
    The White House@whitehouse
    .@pmmckenzie we can reduce deficit in balanced way by ending tax cuts for top 2% + reforms that strengthen safety net & invest in future -bo
    Mon, Dec 03 2012 11:10:54
  17. Question #2:
  18. mike5673
    Mike Vanderwyst@mike5673
    Mr. President, why won't keeping tax rates low across the board encourage more hires and therefore more tax revenue? #my2k
    Mon, Dec 03 2012 10:59:08
  19. Answer #2:
  20. whitehouse
    The White House@whitehouse
    .@mike5673 high end tax cuts do least for economic growth & cost almost $1T. extending middle class cuts boosts consumer demand & growth -bo
    Mon, Dec 03 2012 11:13:46
  21. Question #3:
  22. dontbeaprat
    Mandi@dontbeaprat
    @BarackObama #My2k As a recent college grad w/o a full time job, these cuts wouldn't help me, would they?
    Mon, Dec 03 2012 10:51:59
  23. Answer #3:
  24. whitehouse
    The White House@whitehouse
    .@dontbeaprat cuts w/out revenue = reductions in student loans; work/study & college tax credits expire. Bad for growth. like your hair! -bo
    Mon, Dec 03 2012 11:20:01
  25. In case you needed proof it really was Obama answering the questions, White House Photographer Pete Souza is tweeting pictures.

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