Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
Shows & Panels
Obama seeks closed loopholes, 'smart' reductions
Sunday - 2/3/2013, 4:47pm EST
WASHINGTON (AP) - President Barack Obama says the U.S can reduce its budget deficit by closing tax loopholes and making "smart" reductions in spending.
Obama says closing tax loopholes should enable the U.S. to "continue to fund things that can help us grow" without raising tax rates again.
In an interview on CBS a few hours before the Super Bowl, the president said he wants the tax system to be "fair and transparent," noting that the average taxpayer can't take advantage of things like offshore tax havens.
Obama also called for further health care reforms, noting the U.S. spends "more than every other country does." He says there's "no doubt we need additional revenue coupled with smart spending reductions."
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)