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  • Obama: More Tax Increases Possible to Reduce the Deficit

    01/06/2013 2:03:15 PM PST · by lowbridge · 38 replies
    http://www.theblaze.com ^ | january 5, 2013 | Madeleine Morgenstern
    President Barack Obama said he’s willing to consider more spending cuts to lower the deficit, as long as they’re coupled with more tax reforms. Using Saturday’s weekly address to praise Congress’ last-minute deal to avert the “fiscal cliff,” Obama said it’s “just one more step” in the larger effort to boost the economy and reduce federal deficits. He said this week’s deal raised taxes on the wealthiest Americans while preventing a middle-class tax hike that could have thrown the country back into recession. “I believe we can find more places to cut spending without shortchanging things like education, job training,...