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Obama / Budget / Taxes #935166

CBS Evening News for Thursday, Feb 26, 2009
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(Studio: Katie Couric) President Obama’s budget introduced.

(White House: Chip Reid) The battle over the budget featured; details given about his proposals for taxes, universal health care and his vow to slash the deficit. [Representative John BOEHNER†, Senator Judd GREGG†- criticize the budget.] [OMB director Peter ORSZAG†- comments on unnecessary health care services.] [OBAMA – says no part of his budget will be free from scrutiny.] The provision for the bank rescue program noted.

(Studio: Katie Couric) Report introduced.

(Los Angeles: Ben Tracy) The impact of Obama’s plan on high-income earners examined; details given about the rise in taxes and drops in deductions on mortgage interest and charitable contributions and how Obama plans to spend the additional tax money. [Taxpayer Mike O’TOOLE†- reacts.] [Midnight Mission Orlando WARD†- says when you reduce the capacity for people to give, they don’t give.]

Reporter(s):
Couric, Katie;
Reid, Chip;
Tracy, Ben
Duration:
00:05:10

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