Obama anchors budget on tax cuts for the rich | Bangkok Post: news

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Obama anchors budget on tax cuts for the rich

US President Barack Obama will Monday roll out a populist election-year budget challenging Republicans to support his job creation drive and to finally agree to hike taxes on the richest Americans.

US President Barack Obama will roll out a populist election-year budget challenging Republicans to support his job creation drive and to finally agree to hike taxes on the richest Americans.

Obama will use his annual spending plan to flesh out his pledge to build a new economy in which every American gets a "fair shot" and the rich pay what the president calls a "fair share," senior officials said.

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Writer: AFP News agency
Position: Agence France-Presse

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