Economy/Business News Alert: Obama to propose $1.5 trillion in new taxes

Sunday, September 18, 2011

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Economy/Business News Alert: Obama to propose $1.5 trillion in new taxes
September 18, 2011 9:22:42 PM
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President Obama's plan to tame the nation's rocketing federal debt by finding at least $3 trillion in new savings, to be released Monday, includes $1.5 trillion in new taxes, according to a person familiar with the matter.

Combined with his call earlier this month for $450 billion in new stimulus, the proposal represents a more populist approach to confronting the nation's economic travails than the compromises he advocated this summer.

http://link.email.washingtonpost.com/r/RRHKUP/5CXDZY/Z2YDT0/M715J4/Y3CTI/N9/h

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