Political tides can turn quickly and violently, as President Obama found out this week. Fresh off of successful negotiations with Republican leadership on Monday over the tax-cut extension package, Obama received a sharp rebuke from his own party who voted today to reject the proposal.
House Speaker Nancy Pelosi (D-Calif.) released a short, carefully-worded press release confirming that Democrats would continue to oppose the current plan. She vowed, however, to keep working with Republicans to find a solution:
"We will continue discussions with the President and our Caucus in the days ahead. Democratic priorities remain clear: to provide a tax cut for working families, to promote policies that produce jobs and economic growth, and to assist millions of our fellow Americans who have lost their jobs through no fault of their own."