Monday, August 3, 2009

“hypothetical back and forth[s]” ....

During a Monday press conference, White House Press Secretary Robert Gibbs denied the possibility of tax increases on the middle-class, saying that an Associated Press report was based upon “hypothetical back and forth[s]” between its economic advisers and not actual pending policy. His answer was in response to suggestions by Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers on Sunday that middle class taxes may have to go up in order to pare down the budget deficit...Link

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