Monday, September 19, 2011

Analysis: Obama, Republicans shift tax, budget fight into 2012

By Kevin Drawbaugh


WASHINGTON (Reuters) - President Barack Obama and Republicans in Congress are digging in to fight the 2012 U.S. election campaign over the budget and taxes, leaving a congressional "super committee" in political no man's land.


On one side is Obama vowing to defend social programs and proposing new taxes on the rich; on the other side are the Republicans opposing any new taxes and demanding deep social program cuts. What's a super committee to do?



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