Obama taxes

Obama: Americans Agree with My Approach on Deficit

President Barack Obama, laying down his marker for grueling budget and tax negotiations, said Friday he won't accept any approach to deficit reduction that doesn't ask the wealthy to pay more in taxes.

Tax Hike for Wealthy Americans Won't Kill Growth

Allowing income tax rates to rise for wealthy Americans, and maintaining rates for the less affluent, would not hurt U.S. economic growth much in 2013, the Congressional Budget Office said on Thursday, stepping into a dispute between Republicans and Democrats over how to resolve the so-called "fiscal cliff."

Debate Preview: What Obama and Romney Will Say About Budget Cuts

As Barack Obama and Mitt Romney await tonight's debate, we examine one more key topic they'll go toe-to-toe over: budget cuts. Will they cut Medicare, defense, or the many smaller programs that effect us every day? And how will they spin those budgetary choices? Here's what we may hear.

Five Things to Look for During the Presidential Debate

Make no mistake about it: come Thursday morning, there will be a winner. If Romney wins, he will change the narrative of this election and give his flagging campaign some much-needed energy. If Obama wins, he has all but sealed up his re-election. If it is a draw, Obama wins because with so little time remaining Romney needed to do more than draw even.

Presidential Debate Preview: What They'll Say About Taxes

In Wednesday's much-hyped debate between Barack Obama and Mitt Romney, few topics will loom larger than taxes -- a subject about which the two parties and their standard-bearers are fundamentally, philosophically divided. Here's what you're likely to hear.