President Obama's recent statement regarding deficit reduction will not alleviate the growing criticism that he does not show strong "leadership" or "commitment" on policy issues. During an interview with Bloomberg News, Obama said that he is "agnostic" on strategies to reduce the deficit, including raising taxes on individuals who make less than $250,000 or households that make less than $200,000.
During the presidential campaign, Obama promised not to raise taxes for people in these income categories. Apparently, he did not learn from Bush, Sr. ("No new taxes").
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