What You Need To Know: As the incumbent President of the United States of America, he is seeking re-election next fall.
Factors which may influence his standing in the polls: His ratings have been declining, but were boosted by the kill of Osama bin Laden for a short while. He faces a Majority Republican opposition within the House of Representatives.
Quote:"I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."[via]
Not true, but at least when he raised the tobacco tax, the extra money is going towards health insurance for children.
