Wednesday, April 14, 2010

Tax Week: President Obama Plans Tax Increases on Investment Income « The Speakers Lobby

Tax Week: President Obama Plans Tax Increases on Investment Income « The Speakers Lobby: "This week, millions of Americans will be sending their tax returns to Washington. But no matter how much revenue the government takes in, one thing is certain, it won't be enough to cover all the plans for federal spending, which will more than double the U.S. debt over the next decade.

Doug Holtz Eakin, a former director of the Congressional Budget Office under Republicans, says ' the projected debt is enormous, you know the next 10 years we see the debt rise to $20 trillion.'"

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