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To: SatinDoll

Obama still pushing for tax hikes...

Obama still pushing deficit deal with tax revenue

WASHINGTON (AP) — President Barack Obama is reiterating his call for a deficit-cutting plan that cuts spending and that also increases tax revenue by making the wealthy and corporations pay more to help stabilize the long-term debt.

The president made his comments to the National Council of La Raza on Monday as congressional leaders struggled against time to come up with a plan to meet an Aug. 2 deadline to raise the nation’s debt ceiling.

Obama said the wealthy and big corporations have to “pay their fair share, too.” And he alluded to the difficulty of cutting a deal, saying “compromise is becoming a dirty word.”

http://hosted.ap.org/dynamic/stories/U/US_DEBT_SHOWDOWN_OBAMA?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-07-25-13-20-03


111 posted on 07/25/2011 10:55:46 AM PDT by kcvl
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To: kcvl

I think the best we can hope for is free Netflix accounts for every household.


115 posted on 07/25/2011 10:57:24 AM PDT by Rutles4Ever (Ubi Petrus, ibi ecclesia, et ubi ecclesia vita eterna!)
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