White House Seeks ‘Positive’ Tax Revenue as U.S. Debt-Limit

White House Seeks ‘Positive’ Tax Revenue as U.S. Debt-Limit

Mandel Ngan/AFP/Getty Images

President Barack Obama, during a “Twitter Town Hall” at the White House yesterday, said Republicans shouldn’t use the debt-ceiling bargaining “as a gun against the heads of the American people to extract tax breaks for corporate jet owners or oil and gas companies that are making billions of dollars.”