Moderate Democrats Balk at Obama's Tax-Wealthy Plan

Tuesday, 20 Sep 2011 02:52 PM

By Newsmax Wires

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
President Barack Obama’s call Monday to raise taxes on the wealthy and corporations excited liberals to no end. But moderate Democrats feel a lot differently, Politico reports.

Sen. Ben Nelson, D-Neb., a key moderate who is up for re-election next year, gave a succinct assessment of Obama’s plan. “There’s too much discussion about raising taxes right now, not enough focus on cutting spending.”

And another Nelson, Florida Sen. Bill, who also is up for re-election in 2012, supports raising taxes on millionaires but is still considering whether he’d support higher taxes on those who make more than $200,000 a year, said his spokesman, Dan McLaughlin.

Sen. Jon Tester, D-Mont., seeks middle ground on the issue. “This plan isn’t the one I would have written, nor is it the one that will end up passing Congress,” he said. “But I welcome all ideas to the table so Congress can work together to create jobs, cut debt, and cut spending.”

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved