Obama Unveils Deficit Plan Containing $1.5T in Tax Hikes, GOP Cringes
WASHINGTON – President Obama, drawing immediate condemnation from congressional Republicans, unveiled a new deficit reduction plan Monday anchored by $1.5 trillion in new taxes, including an end to Bush-era rates for upper income earners making $250,000 or more and additional taxes on millionaires. Keying in on a populist message that millionaires and billionaires should pay […]
