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
White House: Obama wants balanced approach on deficit
Category: Business News