Obama announces debt plan built on taxes on rich (AP)

[TimesTen]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20110919/ap_on_go_pr_wh/us_obama_deficits"><img src="http://d.yimg.com/a/p/ap/20110919/capt.fa39d4b942514a2596f327a1527c727f-fa39d4b942514a2596f327a1527c727f-0.jpg?x=129&y=130&q=85&sig=USsgkJOr55HM81WruwhgZA--" align="left" height="130" width="129" alt="President Barack Obama gestures while speaking in the Rose Garden of the White House in Washington, Monday, Sept. 19, 2011. (AP Photo/Susan Walsh)" border="0" /></a>AP - In a blunt rejoinder to congressional Republicans, President Barack Obama called for $1.5 trillion in new taxes Monday, part of a total 10-year deficit reduction package totaling more than $3 trillion. He vowed to veto any deficit reduction package that cuts benefits to Medicare recipients but does not raise taxes on the wealthy and big corporations.</p><br clear="all"/>

 

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