Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Tuesday, September 16, 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 Pentagon chief: U.S. troops may be needed in Iraq
arrow ‘Dangerous’ survivalist sought for killing trooper
arrow Web promos for Wednesday
arrow Gas well pad OK'd in township
 
MOST READ ARTICLES
arrow Car collides with school bus this morning
arrow Karns City grad dies days after ATV accident
arrow Plane makes ‘perfect belly landing’ at airport
arrow Big schools get loses under Friday night lights