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YES, he is going to raise taxes on the higher class.

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Q: Does President Obama have a plan to lower US's national debt?
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Related questions

What was Obama debate on national debt?

he is a good president so vote for hin


Did President Obama budget more money than any other President?

The budget that President Obama submitted will add more to the national debt than the debt created by all previous presidents.


How many times has Obama raised the national debt ceiling?

The President cannot raise the debt ceiling. Only Congress can do that.


Is Obama determined to surpass the national debt line?

While President Obama would like to be supported on raising the national debt line, there are many people who don't. He has stated that either way, he will raise it.


What was the national debt when Obama took office and what is it now?

When Barack Obama took office as President of the United States in 2009, the national debt stood at approximately $10.6 trillion. As of January 2021, at the end of his presidency, the national debt increased to about $23.5 trillion. It is important to note that the national debt is subject to various factors and can fluctuate over time.


Which US President increased the most amount of national debt?

Barrak Hussein Obama has added more debt then all other U S Presidents combined


Is it Obama's fault is that the US is in debt?

President Barack Obama did inherit a debt and although both the President and former President Bush have added quite a bit to the debt. Over time it is a collective fault each contributing, some more, some less. Note that the only President that balanced the budget was President Clinton. The country has never had zero debt.


How much debt has Obama created?

The debt has grown about 25% during President Obama's administration, due mainly to the recession, the Bush tax cuts and two wars which Obama inherited.


What is Barack Obama's biggest failure as president?

The failure to solve debt.


What caused national debt to increase under Barack Obama?

Yo face!


Who is to blame for us national debt?

Everyone essentially. Especially from Reagan-Obama.


Can you give me a sentence using the word PUNT?

Obama will punt the national debt.