Top Obama Admin Economic Advisers Won't Rule Out Middle Class Tax Increase

09/28/2009 05:12 am ET | Updated May 25, 2011
  • Lori Montgomery Washington Post

During last year's campaign, President Obama vowed to enact a bold agenda without raising taxes for the middle class, a pledge budget experts viewed with skepticism. Since then, a severe recession, massive deficits and a national debt that is swelling toward a 50-year high have only made his promise harder to keep.

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