In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.

But do I think that our actions in anyway violate the War Powers Resolution, the answer is no.

We want everybody to act like adults, quit playing games, realize that it's not just my way or the highway.

Barack Obama Quotes