ABCNews.com

Obama's Middle Class Tax Cut May Not Survive Budget

President Obama's budget chief hinted Wednesday that the president's signature campaign issue -- a middle-class tax cut -- will not likely survive a budget battle with Democrats on Capitol Hill. On a conference call with reporters in advance of the president's trip to the Hill to speak before the Senate Democratic caucus, Office of Management and Budget Director Peter Orszag indicated that, while 98 percent of the budget mark-ups in the House and Senate are on par with the administration's...Full Story
Commenting on this article is closed.
Member Comments (529)
 
ABC News on Facebook
Connect with Us
Social Tools Facebook Twitter Twitter Connect with Us YouTube RSS
ABC News Newsletters