WKYT | Lexington, Kentucky | News

Obama pivots, eyes Medicare changes, tax increases

WASHINGTON (AP) - President Barack O President Barack Obama plans to meet with congressional leaders this morning to outline his deficit reduction plan. Then he'll deliver a speech in the afternoon.bama plans to meet with congressional leaders this morning to outline his deficit reduction plan. Then he'll deliver a speech in the afternoon.
Obama is faced with reducing spending in the biggest government benefits programs, raising taxes on the wealthy and cutting defense costs.
House Speaker John Boehner (BAY'-nur) has said any proposed tax increase is "a nonstarter."


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