Comment on Obama announces debt plan built on taxes on rich

Obama announces debt plan built on taxes on rich

WASHINGTON (AP) -- In a blunt rejoinder to congressional Republicans, President Barack Obama called for $1.5 trillion in new taxes Monday, part of a total 10-year deficit reduction package totaling more than $3 trillion. He vowed to veto any deficit reduction package that cuts benefits to Medicare recipients but does not raise taxes on the wealthy and big corporations....

 

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