President Obama says he is now "agnostic" about raising taxes on households making under $250,000 a year to help cut budget deficits, signaling a possible retreat from a campaign pledge.
In an interview with Bloomberg BusinessWeek on newsstands Friday, Obama said a presidential budget commission needs to look at all options for deficit reduction - including tax increases and cuts in spending on such programs as Social Security and Medicare
"The whole point of it is to make sure that all ideas are on the table," Obama said. "So what I want to do is to be completely agnostic, in terms of solutions."
Obama repeatedly vowed during the 2008 campaign to spare households earning less than $250,000 a year from tax increases.
The best and most beautiful things in the world cannot be seen or even touched. They must be felt with the heart. -- Helen Keller
Thursday, February 11, 2010
Let Me Be Perfectly Clear - "Read My Lips"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment