Cut taxes for 98%?

Got this off the news this morning…

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“President Barack Obama says a new report showing that the unemployment rate has dropped below 8 percent is a sign the still-sluggish economy is moving forward. But Obama says more needs to be done.

He called on Republicans in Congress to work with Democrats on a plan to cut taxes for 98 percent of Americans and on another bill to help families refinance their homes at lower interest rates. Obama also said Congress should approve his plan for a veterans jobs corps to help former members of the military find work as police officers, firefighters and park rangers.”

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What have I Missed?  I think it has been reported the 47% don’t pay any taxes now? either he already has half of what he needs or he will never get that unless they start giving money back to that 47%… Oh wait they already do…

REX