Tuesday, April 12, 2011
White House: Obama wants balanced approach on deficit
The White House signaled that President Barack Obama will discuss the role of taxes in reducing the US deficit in a Wednesday speech.
White House spokesman Jay Carney, asked if Obama would discuss taxes in the speech, said,
"The president believes there has to be a balanced approach" to cutting the deficit. Obama, a Democrat, has said he would like to get rid of tax cuts begun under Republican President George W. Bush that apply to wealthier Americans.
White House spokesman Jay Carney, asked if Obama would discuss taxes in the speech, said,
"The president believes there has to be a balanced approach" to cutting the deficit. Obama, a Democrat, has said he would like to get rid of tax cuts begun under Republican President George W. Bush that apply to wealthier Americans.
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