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Obama Aides Suggest Rollback of Bush Tax Cuts Could Be Delayed
Cam Simpson reports from Washington.
Aides to President-elect Barack Obama suggested on Sunday that he wouldn’t immediately implement a pledged rollback of tax cuts for the top tier of American income earners, because of the worsening economic outlook.
A senior adviser to Obama confirmed that New York Federal Reserve President Timothy Geithner would be the administration’s nominee for Treasury secretary, and added that the Obama team was gratified by the late rally on Wall Street on Friday after news of the pick leaked out.
During an appearance on NBC’s “Meet the Press,” Obama economic adviser William Daley suggested that the incoming administration would reconsider whether to quickly increase taxes for Americans earning more than $250,000 per year.
Cam Simpson reports from Washington.
Aides to President-elect Barack Obama suggested on Sunday that he wouldn’t immediately implement a pledged rollback of tax cuts for the top tier of American income earners, because of the worsening economic outlook.
A senior adviser to Obama confirmed that New York Federal Reserve President Timothy Geithner would be the administration’s nominee for Treasury secretary, and added that the Obama team was gratified by the late rally on Wall Street on Friday after news of the pick leaked out.
During an appearance on NBC’s “Meet the Press,” Obama economic adviser William Daley suggested that the incoming administration would reconsider whether to quickly increase taxes for Americans earning more than $250,000 per year.
WASHINGTON -- President-elect Barack Obama is unlikely to radically overhaul controversial Bush administration intelligence policies, advisers say, an approach that is almost certain to create tension within the Democratic Party.
Civil-liberties groups were among those outraged that the White House sanctioned the use of harsh intelligence techniques -- which some consider torture -- by the Central Intelligence Agency, and expanded domestic spy powers. These groups are demanding quick action to reverse these policies.
Civil-liberties groups were among those outraged that the White House sanctioned the use of harsh intelligence techniques -- which some consider torture -- by the Central Intelligence Agency, and expanded domestic spy powers. These groups are demanding quick action to reverse these policies.
As a presidential candidate, Senator Barack Obama sketched the broad outlines of a plan to close the detention center at Guantánamo Bay, Cuba: try detainees in American courts and reject the Bush administration’s military commission system.
Now, as Mr. Obama moves closer to assuming responsibility for Guantánamo, his pledge to close the detention center is bringing to the fore thorny questions under consideration by his advisers. They include where Guantánamo’s detainees could be held in this country, how many might be sent home and a matter that people with ties to the Obama transition team say is worrying them most: What if some detainees are acquitted or cannot be prosecuted at all?
Now, as Mr. Obama moves closer to assuming responsibility for Guantánamo, his pledge to close the detention center is bringing to the fore thorny questions under consideration by his advisers. They include where Guantánamo’s detainees could be held in this country, how many might be sent home and a matter that people with ties to the Obama transition team say is worrying them most: What if some detainees are acquitted or cannot be prosecuted at all?
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