Obama: Voters’ wishes are clear

Entitlements, Bush-era tax rates drive up deficits, president says

Posted: November 15, 2012 at 5:41 a.m.

“A modest tax increase on the wealthy is not going to break their backs,” President Barack Obama said Wednesday at his White House news conference.

President Barack Obama on Wednesday said voters sent a “very clear message” on Election Day that they want both parties to work together to cut the budget deficit with a mix of tax increases for top earners and cuts in spending.

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Front Section, Pages 1 on 11/15/2012