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Obama pushes tax hikes on rich to curb deficits
President Obama outlined a deficit plan raising taxes on high earners and closing loopholes while protecting Social Security and slowing Medicare cuts. He warned Republicans to approve revenue increases or face vetoes, framing the issue as math not class warfare. The plan also counts $1 trillion in savings from troop withdrawals and seeks support from a joint deficit committee.
MENTIONED IN THIS ARTICLE
Washington, D.C
Barack Obama
U.S
Congressional
Republican
Obama
White House
Congress
Iraq
Afghanistan
Tee
Senate
Mitch McConnell
Joint Committee
Rose Garden