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Obama Will Propose $634 Billion in New Taxes on Upper-Income Americans Over the Next Decade to Pay for Health Care Expansion
The Wall Street Journal; subscription may be required 
Feb. 26, 2009
Excerpt: President Barack Obama on Thursday will propose $634 billion in new taxes on upper-income Americans and cuts in government spending over the next decade to pay for his promised health-care expansion. The tax increases and spending cuts will be included Thursday in Mr. Obama's comprehensive budget blueprint, and signal his ambition to overhaul the health-care system, one of the main planks of his presidential campaign.
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