WASHINGTON -- As Congress addresses the federal deficit and begins debating next year's budget, a centerpiece of the conversation is whether to raise taxes and increase revenue for the government or to simply cut spending. In his speech last week, President Obama called for allowing the Bush tax cuts to expire for individuals making $200,000 or more a year and couples making $250,000 or more.
Watch: Gop Lawmaker Claims Every Time The U.s. Has Cut Taxes, Revenue Has Gone Up
Amanda Terkel, Huffington Post: Business
Sun, 04/17/2011 - 8:47am
Topics: always 462 390 #ffffff state of the union, as congress president obama sen tom coburn r-okla republicans tea party abc's this week christiane amanpour rep joe house budget committee chair paul ryan's r-wis watch extension=%2fvideo%2f2&frontcolor=<?=[0]?>&backcolor=<?=[1]?>&skin=vplayer.swf&autostart=true&plugins=postrollmenu%2cbug%2canalyticsv2 server['http_host']));?>&extension=%2fvideo%2f2&frontcolor=<?=[0]?>&backcolor=<?=[1]?>&skin=vplayer.swf&autostart=true&plugins=postrollmenu%2cbug%2canalyticsv2 senate minority leader mitch mcconnell r-ky federal alan d viard white house george w bush washington post robert carroll treasury bruce bartlett reagan office management the bush on cnn's state union sen rand paul r-ky in washington congress bush amanpour walsh budget lawmaker time u.s cut taxes revenue compromise raise military economy year conservatives economist government /video/2/video/rplayer.swf welfare return strong function programs economists grow
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