Sunday, August 2, 2009

Looks Like Taxes May Be Going Up

AP: 2 Obama officials: No guarantee taxes won't go up

Timothy Geithner and Larry Summers both refused to rule out raising taxes.

From the AP article:
"President Barack Obama's treasury secretary said Sunday he cannot rule out higher taxes to help tame an exploding budget deficit, and his chief economic adviser would not dismiss raising them on middle-class Americans as part of a health care overhaul."

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