Wednesday, March 25, 2009

Tax Cut Pledge Fading?

From the Associated Press:
President Barack Obama says he's not ready to comment on a proposal from some Senate Democrats to scrap his middle-class tax cut after 2010. Obama says he hasn't yet seen what changes are coming out of the House and Senate.
But he delivered his bottom-line on the budget at a Tuesday evening news conference. Obama said the budget must move toward health care reform and include an energy policy that frees the U.S. from dependence on foreign oil. He also says he's looking for investment in education and a reduction in the deficit.
Obama said a middle-class tax cut is already in place through the recovery package for at least two years. And he said he never expected Congress to approve his plan without some changes.

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