Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- Improving Healthcare Outcomes through IT Policy
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
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 This material may not be published, broadcast, rewritten or redistributed.)