January 24th, 2010
09:26 AM ET
10 years ago

Axelrod refuses to rule out tax increases to deal with deficit


"We want to sit down in a constructive way and approach this problem," Obama senior adviser Axelrod said Sunday. (Photo Credit: CNN)

Washington (CNN) - President Barack Obama's senior adviser on Sunday refused to rule out tax increases as part of a solution to the nation's growing deficit.

Speaking on CNN's "State of the Union," David Axelrod said Obama supported having Congress set up a bipartisan commission that would come up with a plan to reduce the deficit.

"We want to sit down in a constructive way and approach this problem," Axelrod said.

He wouldn't speculate about possible solutions, saying, "Let's see what a bipartisan effort to deal with these deficits will produce."

"Whatever the appropriate approach is, the president will be straight up with the nation," Axelrod said.

Asked about the possibility of tax increases, Axelrod said: "If anybody has a plan to do this without raising any taxes on anybody, upper income or below, they should come forward with it because nobody wants to raise taxes."

During the 2008 election campaign, Obama repeatedly promised he would not raise taxes on those making less than $250,000 a year.

Filed under: David Axelrod • national debt • State of the Union • Taxes
soundoff (27 Responses)
  1. all the news that's fit to omit

    El Shishkabob, in this Country we pay enough taxes (unlike yours) and if you want to pay more there is a line on the AMERICAN tax form that will allow you to do so OR you can shut up.

    We don't have a funding problem genius, we have a spending problem.

    Real quick, what are the only TWO sectors that have thrived since your hero took "charge"????

    The winners are LOCAL and FEDERAL "gubment" jobs.

    Nice little 6 figure jobs for DOING NOTHING and a built in voting bloc.

    Ding ding, class dismissed.

    January 24, 2010 11:07 am at 11:07 am |
  2. Who said the Mayans were wrong?

    Good idea,pay the bills on time and not on credit.

    January 24, 2010 11:11 am at 11:11 am |
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