Wednesday, December 5, 2012

Voice of America: Tax Rates, Health Care Spending Key to US Fiscal Standoff

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Tax Rates, Health Care Spending Key to US Fiscal Standoff
Dec 5th 2012, 17:32

Higher tax rates for the wealthiest Americans and reform of health care spending for the elderly and impoverished have emerged as the key issues in the contentious Washington stalemate over U.S. government financial policies. U.S. President Barack Obama, the Democrat newly re-elected to another four-year term, says he will not agree to resolve what Washington is calling a "fiscal cliff" at the end of the year, without ending a tax break for households making more than $250,000 a ...

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