Defending the Judeo-Christian Ethic, Limited Government, & the American Constitution
Tuesday December 16th 2014

Obama Calls Absence of Tax Increases ‘Spending In the Tax Code’

Liberty Alerts, Fred Lucas, CNSNews.com

President Barack Obama called for tax hikes in his weekly address released on Saturday, calling the absence of new tax increases “spending in the tax code.” Talking about dealing with the federal deficit, Obama said: “And nothing can be off limits, including spending in the tax code, particularly the loopholes that benefit very few individuals and corporations.”

During his weekly address on Saturday, Obama added to the populist rhetoric he featured during his White House press conference last week, when he said Americans must choose between paying for perks going to corporate jet owners and hedge fund managers, or paying for medical research and college scholarships.

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