White House: Obama wants balanced approach on deficit

| April 12, 2011


WASHINGTON, April 12 (Reuters) – The White House signaled
on Tuesday that President Barack Obama will discuss the role of
taxes in reducing the U.S. deficit in a Wednesday speech.

White House spokesman Jay Carney, asked if Obama would
discuss taxes in the speech, said, “The president believes
there has to be a balanced approach” to cutting the deficit.
Obama, a Democrat, has said he would like to get rid of tax
cuts begun under Republican President George W. Bush that apply
to wealthier Americans.
(Reporting by Alister Bull and Steve Holland; Editing by Will
Dunham)

White House: Obama wants balanced approach on deficit

Category: Business News

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