- Apr 2, 2009
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From today's NY Times
http://www.nytimes.com/2013/04/05/us/social-programs-face-cutback-in-obama-budget.html
http://www.nytimes.com/2013/04/05/us/social-programs-face-cutback-in-obama-budget.html
Mr. Obama will propose other spending and tax credit initiatives, including aid for states to make free prekindergarten education available nationwide a priority outlined in his State of the Union address in February. He will propose to pay for it by raising federal taxes on cigarettes and other tobacco products.
The president has made clear that he is willing to compromise and do tough things to reduce the deficits, but only in the context of a package like this one that has balance and includes revenues from the wealthiest Americans and that is designed to promote economic growth, said a senior administration official, who, like others, declined to be identified confirming details about the coming budget.
That means, the official added, that the things like C.P.I. that Republican leaders have pushed hard for will only be accepted if Congressional Republicans are willing to do more on revenues.
But just this week, Representative Eric Cantor, Republican of Virginia, the House majority leader, reiterated the partys antitax stance and called for reducing spending by cutting waste and making changes in federal programs.