Obama promoting fiscal cliff agenda on social media

President Obama intends to hold a series of events aimed at building support for his approach to avoid across-the-board tax increases. PHOTO/AP

President Barack Obama is introducing a new hashtag to the fiscal cliff debate.

The White House plans to promote (hashtag)My2K on Twitter and other social media — a reference to the estimated US$2,200 tax increase that a typical middle-class family of four would see if the Bush tax cuts expire.

Obama is holding an event with middle-class Americans on Wednesday and urging the public to press Congress to protect tax cuts for families earning US$250,000 or less.

The president is also meeting with corporate executives at the White House on Wednesday and then traveling to Pennsylvania on Friday to push for upper income bracket earners to pay higher tax rates. It’s part of a campaign to pressure Republicans in Congress to support raising taxes on the wealthy.

Copyright 2012 The Associated Press.