Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Wednesday, December 17, 2014 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: November 9, 2012 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Obama: Wealthy must see higher taxes under plan



WASHINGTON — President Barack Obama said today that raising taxes on wealthiest Americans must be part of deficit reduction plan but says he is “open to compromise” and “new ideas.”
Obama says he will refuse to accept any approach that “isn’t balanced.”
In his first public comments since the election, Obama said that Congress should pass a bill that would prevent Bush-era tax cuts from expiring for all but the wealthiest Americans. He says lawmakers from both parties need to work together to tackle the nation’s fiscal problems.
The president says he is inviting congressional leaders of both parties to the White House next week for talks on how to avoid the fiscal cliff.
Lawmakers face a Jan. 2 deadline to reach an agreement.





Back
Comments
Order Photos!
 
MORE NEWS HEADLINES
arrow 10 charged in PennDOT overbilling, kickback probe
arrow Littlest angels
arrow Stepfather facing trial in fraud case
arrow City reaches agreement with 2 remaining unions
 
MOST READ ARTICLES
arrow Butler Twp puts off vote on shopping complex
arrow Parents make plea to keep schools
arrow Police reports
arrow Congressman Kelly to be part owner of BlueSox