Obama: I'll Veto Any Plan That's Not Balanced

Townhall.com Staff
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Posted: Sep 19, 2011 1:03 PM
Obama: I'll Veto Any Plan That's Not Balanced

President Obama warned that he will veto any deficit plan brought to him by Congress that wasn't "balanced" between taxes and spending cuts.

"We are not going to have a one-sided deal that hurts the folks who are most vulnerable," Obama said on Monday morning, speaking from the Rose Garden.

He rejected accusations that tax increases for the wealthy was "class warfare."