Barack Obama calls in Bill Clinton to help with tax fight

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US President Barack Obama on Friday called on a battle-scarred dealmaker, former President Bill Clinton, to help convince reluctant Democrats to back a compromise tax plan before rates rise for most Americans in January.

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Obama said Congress should simplify the byzantine US tax code next year, but the battle on Capitol Hill illustrated the difficulties involved even in keeping the current system in place.
Taxes will rise in January by an average of $3,000 per household if Congress does not act.
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Abhishek Dua

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Created Monday, 13 December 2010 12:56
Last Updated Tuesday, 30 November -0001 00:00
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