Obama Tells Republicans No Deficit Reduction Without Tax Hikes

President Obama today ripped Republicans for refusing to accept tax hikes, even for the wealthiest Americans, as part of any deal to raise the nation's debt ceiling beyond $14.29 trillion. "You can't reduce the deficit to the levels that it needs to be reduced without having some revenue in the mix," the president told a White House news conference after a breakdown in administration negotiations with Congress on reaching a debt-ceiling deal while at the same time reducing soaring...Full Story
Commenting on this article is closed.