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.
Obama is locked in a dispute with Republicans over how to bring down the deficit as part of a deal to raise the debt ceiling and prevent Washington from default.
Democrats insist that some tax increases be included in a deficit-cutting package.
Republicans say that would be bad for the economy."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment