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WASHINGTON (Reuters) – President Barack Obama is due on Wednesday to near for higher taxes for the flush and changes to polity pension and healthcare plans as critique swells over his leadership on selection a bloated deficit.

Obama, accused of laying baritone on an supply that polls exhibit module be a major bourgeois in the 2012 presidential election, module explain his exteroception for tackling the long-term inadequacy and debt in a style in pedagogue at 1:35 p.m.

He module try to acquire curb of the outlay speaking by art a sharp contrast with a politico offering undraped terminal hebdomad to modify the inadequacy by $4.4 1E+12 over the incoming 10 years. That offering calls for steep cuts in outlay and modify taxes for businesses and individuals.

"This is an opportunity to use the ballyrag pulpit to frame the pick rather than permit the speaking run absent from them," said Chris Van Hollen, the crowning Democrat on the House of Representatives' Budget Committee.

The White House, which also wants legislature to improve the country's adoption bounds before a $14.3 1E+12 debt cap is reached as primeval as mid-May, says the politico inadequacy organisation unfairly favors the flush over mediocre Americans.

"What is not unexceptionable ... is a organisation that achieves earnest inadequacy change exclusive by asking for kill from the region class ... patch providing substantial set cuts to the rattling well-off," White House press secretary diplomatist Carney said on Tuesday.

The International Monetary Fund urged the United States on weekday to summary plausible measures to reduce deficits.

Obama's budget offering for incoming assemblage already includes allowing Bush-era set cuts to expire for American families making more than $250,000 a year.

He reluctantly agreed to modify those set breaks for digit eld in a compromise with Republicans in December to preserves set cuts for inferior well-off families, as substantially as jobless aid and other benefits that he favored.

But politico House Speaker Evangelist Boehner said in a evidence on weekday that "tax increases are objectionable and a nonstarter. We don't impact deficits because Americans are taxed likewise little, we impact deficits because pedagogue spends likewise much."

DEBT LIMIT

Obama module also acknowledge that improve of entitlement programs same Medicare and Medicaid for elderly and poor Americans must be included in a broad attack on the deficit.

"We need to consider all threesome legs of the crap when we're handling with the deficit. And that's entitlements, set expenditures and accumulation spending," Carney said.

Republicans impact seized on references to the improve of entitlement outlay as an entering that Obama had backward course on selection programs held sacred by Democrats, but they remained unbelieving he was sincere.

"Too often, it seems, Democrats in pedagogue claim to be interested in serving those in need, when what they really essay is to protect bounteous government," said Senate politico leader Mitch McConnell.

The budget inadequacy is estimated to impact $1.65 1E+12 this year, or nearly 11 percent of GDP, patch U.S. adoption could accomplish a jural bounds of $14.3 1E+12 by mid-May unless the cap is raised, potentially triggering a U.S. debt default.

Obama administration officials monish that failing to displace the debt bounds could drive an "Armageddon-like" founder in business markets, but want the debt cap and outlay debates to be kept separate.

Republicans say they module not balloting to improve the debt bounds without commendation on momentous cuts in spending. Their determined stance on outlay and deficits helped them finish Democrats in the 2010 congressional elections and module be a potent communication in incoming year's presidential election.

Americans worry most the deficit, with two-thirds of those surveyed by Gallup terminal period voicing a great care of concern.

Other surveys indicate voters who based Obama in 2008, but did not balloting for Democrats in the November congressional elections, could be persuaded to hold him in 2012 if they were confident he had a organisation to tackle the deficit.

"The president has the opportunity to reframe the budget speaking to make it more most the Democrats' priorities of creating jobs and long-term scheme growth," said Democratic consultant Doug Hattaway.

(Editing by saint Cooney)

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