Obama: Ending Tax Breaks Required To Cut Deficit

WASHINGTON (Reuters) - President Barack Obama pressed his case on Saturday for achieving deficit reduction, in part by ending tax breaks and singling out hedge fund managers, oil companies and billionaires to take the hit.

RELATED ARTICLES
  • Professor explains wild airline rant: In-flight cigarette was ‘revolutionary’ act of ‘civil disobedience’
    A Penn State professor was arrested over the weekend in a bizarre videotaped incident that went viral. Karen Halnon, who teaches sociology at the university’s Abington campus, was flying from Nicaragua to Miami when she lit up a cigarette and ranted about Venezuela and President Barack Obama. More
  • Republicans to back Obama's student loan plan
    House Republicans are willing to give President Barack Obama a rare win, the chairman of the Education and Workforce Committee said Thursday in outlining a deal that would let college students avoid a costly hike on their student loans. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • GOP boycotts health care advisory board
    House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act. More
  • Original ricin suspect was held despite evidence pointing to another man
    After keeping Elvis impersonator James Kevin Curtis in jail for a week, interrogating him while he was chained to a chair and turning his house upside down, federal authorities had no confession or physical evidence tying him to the ricin-laced letters sent to President Obama and other public officials. More
BING NEWS:
  • Tax Breaks: New Laws And Budget Proposals—Including One That's Out Of This World
    📅 May 2 – May 4, 2024. ABA Section of Tax May Tax Meeting. Washington, DC. Registration required. 📅 May 15, 2024. Information tax returns (series 990) are due for tax-exempt organizations with a tax ...
    04/27/2024 - 3:00 am | View Link
  • Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
    Tennessee’s GOP-controlled General Assembly has adjourned for the year, concluding months of tense political infighting that ultimately doomed Republican Gov. Bill Lee’s universal school voucher push ...
    04/25/2024 - 3:54 pm | View Link
  • Biden promises to kill Trump’s ‘$2 trillion tax cut’ if he’s reelected
    President Joe Biden promised to rescind former President Donald Trump's signature tax cuts if he's reelected in November.
    04/25/2024 - 8:55 am | View Link
  • Tax Breaks: Was It The Best Tax Filing Season In Years?
    The IRS offers a breather for beneficiaries of inherited IRAs, IRS plays ghost(employer)buster, tackling O.J. Simpson’s estate and more ...
    04/20/2024 - 3:00 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News