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Biden vows to save US middle-class
[Iran Press TV] US Vice President  Joe Foreign Policy Whiz KidBiden The former Senator-for-Life from Delaware, an example of the kind of top-notch Washington intellect to be found in the World's Greatest Deliberative Body... says he will work with Republicans to come to a deficit-reduction agreement that protects the elderly and middle-class workers. "We're not going to let the middle class carry the whole burden... We're never going to solve our debt problem if we ask only those who are struggling in this economy to bear the burden and let the most fortunate among us off the hook," the vice president said in a speech at the Ohio Democratic Party's annual dinner on Saturday. Democrats and Republicans are at odds over taxation issues in the national debt-reduction plan. The Democrats believe any deficit-reduction agreement should include a tax increases -- or elimination of Bush-era tax breaks -- for wealthiest individuals and companies in the country while the Republicans are calling for cuts in government spending and insist on having no tax increases. Earlier this month, President B.O. said his administration is determined to put an end to the tax cuts for the wealthy, adding that the issue of taxes is a major source of contention between his administration and Republicans on the campaign trail. Meanwhile, ...back at the desert island, Bert was realizing to his horror that he'd had only one bottle for one message, and he'd forgotten to include a return address... Obama stressed that a deal to raise the country's debt ceiling includes an increase in revenues, while Republicans demand that the deal be restricted to spending cuts and entitlement reforms. Posted by: Fred 2011-06-28 |
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