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PBS NewsHour

Obama Says No Deal Without Tax Rate Increase on the Rich

4:58

President Obama said there would be no budget deal unless Republicans agreed to tax increases for the wealthiest Americans. Meanwhile, Republicans say their plan would close tax loopholes without rate hikes. Kwame Holman reports on the impasse to avert an economic plunge triggering automatic spending cuts and tax increases.

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PBS NewsHour

State of the Union 2016

PBS NEWSHOUR offers live coverage of President Obama's speech and the Republican response.

0:20

PBS NewsHour

PBS NewsHour Weekend

Premieres Saturday, September 7, 2013 at 6 p.m. ET.

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