Obama still wants taxes on the table

Obama still wants taxes on the table
Wednesday, August 17, 2011 - 9:54pm

When he outlines a plan to boost the economy in what's being described as a major speech after Labor Day,
President Barack Obama is also expected to unveil a proposal to reduce the nation's debt.

At a town hall meeting in Illinois , Obama again pressed for a package that reduces the deficit by raising taxes on wealthier people, not just by cutting spending. He said, "Everything is going to be on the table."

An official says Obama will unveil new ideas to create jobs and help the poor and middle class.

But a spokesman for House Speaker John Boehner (BAY'-nur) says Obama can just send the plan to Congress and skip the speech.

And Republican presidential candidate Mitt Romney says what Obama is
offering will be too little, too late.


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