Obama calls on Congress to pass spending cuts, tax changes to delay sequester

Posted on AllSides February 5th, 2013
From The Left

President Obama on Tuesday will call on Congress to pass a small package of spending cuts and tax changes to delay deep reductions in domestic and defense spending from starting next month, a White House official said.

The official did not specify the spending cuts or tax changes — possibly the closing of loopholes or deductions benefiting the wealthy or select industries — but said they should postpone the spending cuts, known as the sequester, for only a few months.

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http://www.washingtonpost.com/business/economy/obama-to-propose-spending-cuts-tax-changes-to-delay-sequester/2013/02/05/b8fa7aec-6faa-11e2-8b8d-e0b59a1b8e2a_story.html

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