Newsweek: Why Obama Should Raise Taxes - Spokane, North Idaho News & Weather KHQ.com

Newsweek: Why Obama Should Raise Taxes

NEWSWEEK: For the last few months, we have heard powerful, passionate arguments about the need to cut America's massive budget deficit. Republican senators have claimed that we are in danger of permanently crippling the economy. Conservative economists and pundits warn of a Greece-like crisis, when America can borrow only at exorbitant interest rates. So when an opportunity presents itself to cut those deficits by about a third—more than $300 billion! Permanently and relatively easily, you would think that these very people would be in the lead. Far from it. Click here to read the full story

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