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Could Class Warfare Argument Be Born From Obamas Budget Plan?

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10 Posted

Could Class Warfare Argument Be Born From Obamas Budget Plan?

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10

Ever since taking the mantle of the United States President, Barack Obama has laid out hefty plans for the country. Mainly, Obama has been focusing on the state of the economy. As the new US President Obama has faced with many domestic and international problems. Obama’s plans are nothing less than very ambitious. Perhaps a great ambition is needed to be able to tackle all these problems that plague the world let alone the United States. So far, Obama could be facing yet another uphill battle again. It will be another in a series of uphill battles that Obama will have to face. This one could be an interesting uphill battle. Obama’s budget talks about initiatives in many fields. Education and energy are such examples of the initiatives. So far, payments to insurance companies will be cut. However, this will increase taxes on the following: the wealthy, oil companies, and the gas industry. The New York Times has reported that tax incentives for the oil industry will be done away with. Ho

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