Economic Scene - Centrist Approach on Health Reform Fails to Build Consensus - NYTimes.com

Mr. Obama wants to undo George W. Bush’s high-income tax cuts, but would keep the basic Reagan tax structure intact. The administration is trying to re-regulate financial markets, but has rejected the sweeping ideas favored by the former Federal Reserve chairman Paul Volcker, British regulators and many liberals. The pattern is especially clear on Afghanistan and Iraq.

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Tags: no we can't, health care reform, taxes, financial regulation, President Barack Obama

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