Sep 19, 2011

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Obama Announces Debt Plan Built on Taxes on Rich – ABC News

Drawing transparent conflict lines for subsequent year’s elections, a warlike President Barack Obama upon Monday demanded which a richest Americans compensate aloft taxes to assistance cut mountainous U.S. deficits by some-more than $ 3 trillion. He betrothed to halt any bid by congressional Republican to cut Medicare benefits for a aged but raising taxes as well.

“This is not category warfare. It’s math,” Obama declared, expecting Republican criticism, which was discerning in coming.

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