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White House: No Debt Deal Unless Tax Rates On Top Earners Go Up

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Image uploaded from a quicklink White House press secretary Jay Carney said Thursday there will be no deficit deal unless Republicans agree to raise tax rates on the wealthiest households. “There can be no deal without rates on top earners going up,” said Carney, who reiterated that the president will not sign legislation that extends the Bush-era tax rates for the wealthy. “This should not be news to anyone who was not in a coma during campaign season," Carney said of the president’s stance on taxes.

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At thehill.com

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