Senator Barack Obama
Speaking on his energy policies
San Francisco Chronicle
January 17, 2008

The president's budget increases taxes on every American, and does so during a recession," Rep. Dave Camp, R-Mich., told Geithner.

Camp also complained about provisions that would limit the size of charitable contributions that could be taken by families earning more than $250,000 a year.

But Geithner defended the overall proposal, saying far more people would benefit from lower taxes under the plan. He said the budget reflects what Obama viewed as "a deep moral imperative to make our society more just. But it's very good economic policy too. It will mean there is again a fairer, more equitably shared tax burden on the vast majority of Americans."