U.S. President Barack Obama would veto legislation floated by House Speaker
John Boehner that would raise taxes on high-earning Americans and extend
middle-class breaks but still allows deep Pentagon cuts to occur.
The White House on Dec. 19 issued a sharp veto threat of the Ohio
Republican’s “Plan B” bill, which Boehner described a day earlier as a necessary
step to “protect” the middle class and partially avoid the fiscal cliff.
“The deficit reduction is minimal, and perversely, given its authors, solely
through tax increases with no spending cuts,” White House Communications
Director Dan Pfeiffer said in a Dec. 19 statement. “This approach does not meet
the test of balance, and the president would veto the legislation in the
unlikely event of its passage.
John Boehner that would raise taxes on high-earning Americans and extend
middle-class breaks but still allows deep Pentagon cuts to occur.
The White House on Dec. 19 issued a sharp veto threat of the Ohio
Republican’s “Plan B” bill, which Boehner described a day earlier as a necessary
step to “protect” the middle class and partially avoid the fiscal cliff.
“The deficit reduction is minimal, and perversely, given its authors, solely
through tax increases with no spending cuts,” White House Communications
Director Dan Pfeiffer said in a Dec. 19 statement. “This approach does not meet
the test of balance, and the president would veto the legislation in the
unlikely event of its passage.
