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Top Obama officials defend tax hikes in budget

Top Obama officials defend tax hikes in budget

Top Obama officials defend tax hikes in budget

The American flag flies at the U.S. C...


WASHINGTON — President Barack Obama's top economic officials on Tuesday vigorously defended tax hikes in the administration's $3.6 trillion budget against Republican claims that they would affect nearly all Americans.

Treasury Secretary Timothy Geithner and White House Budget Director Peter Orszag, in separate appearances on Capitol Hill, stuck to the administration line that the president's budget would benefit 95 percent of working Americans.


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