Obama to Unveil Long-Term Deficit Reduction Plan - Newschannel 6 Now | Wichita Falls, TX

Obama to Unveil Long-Term Deficit Reduction Plan

      WASHINGTON (AP) - President Barack Obama unveils his long-term
deficit reduction plan today.
      Senior administration officials say the plan calls for $1.5
trillion in new taxes, including a repeal of Bush-era tax cuts for
the wealthy. It also proposes $580 billion in cuts to mandatory
benefit programs, including Medicare.
      The White House says Obama's approach is a balanced one, but
it's prospects in Congress are dim. Republicans have ruled out tax
increases to lower deficits.

  • News HeadlinesNewsMore>>

  • Stormy Daniels to meet with prosecutors in Cohen probe

    Stormy Daniels to meet with prosecutors in Cohen probe

    Sunday, June 24 2018 9:15 PM EDT2018-06-25 01:15:00 GMT
    Monday, June 25 2018 12:07 AM EDT2018-06-25 04:07:58 GMT
    Monday's interview with prosecutors from the U.S. attorney's office in Manhattan is in preparation for a possible grand jury appearance as they work to assemble a case against Trump's longtime personal lawyer, Michael Cohen, the person said. (Source: CNN)Monday's interview with prosecutors from the U.S. attorney's office in Manhattan is in preparation for a possible grand jury appearance as they work to assemble a case against Trump's longtime personal lawyer, Michael Cohen, the person said. (Source: CNN)

    Porn actress Stormy Daniels will meet with federal prosecutors in New York who are investigating President Donald Trump's former personal attorney.

    Porn actress Stormy Daniels will meet with federal prosecutors in New York who are investigating President Donald Trump's former personal attorney.

  • Saudi women in driver's seat as longstanding ban is lifted

    Saudi women in driver's seat as longstanding ban is lifted

    Sunday, June 24 2018 4:24 AM EDT2018-06-24 08:24:57 GMT
    Monday, June 25 2018 12:07 AM EDT2018-06-25 04:07:46 GMT
    (AP Photo/Nariman El-Mofty). Hessah al-Ajaji drivers her car down the capital's busy Tahlia Street after midnight for the first time in Riyadh, Saudi Arabia, Sunday, June 24, 2018. Saudi women are in the driver's seat for the first time in their countr...(AP Photo/Nariman El-Mofty). Hessah al-Ajaji drivers her car down the capital's busy Tahlia Street after midnight for the first time in Riyadh, Saudi Arabia, Sunday, June 24, 2018. Saudi women are in the driver's seat for the first time in their countr...

    Saudi women steered their way through busy streets for the first time just minutes after the world's last remaining ban on women driving was lifted.

    Saudi women steered their way through busy streets for the first time just minutes after the world's last remaining ban on women driving was lifted.

  • Prince William on historic Mideast trip, praises Jordan ties

    Prince William on historic Mideast trip, praises Jordan ties

    Sunday, June 24 2018 9:43 AM EDT2018-06-24 13:43:58 GMT
    Sunday, June 24 2018 11:34 PM EDT2018-06-25 03:34:54 GMT
    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories. (Source: CNN)Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories. (Source: CNN)

    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories.

    Britain's Prince William kicks off politically delicate five-day tour of Jordan, Israel and the Palestinian territories.

Powered by Frankly