Aides: Obama to Seek Tax Cuts, Reverse Bush Exec Orders

Aides to President-elect Barack Obama have begun to outline his top priorities upon taking office. On Sunday, incoming chief of staff Rahm Emanuel said Obama would push ahead with a middle-class tax cut and a tax increase for higher-income Americans. Obama has pledged to undo the Bush administration tax cut for Americans making more than $250,000 a year. Emanuel also said Obama would move to expand healthcare access, but didn’t give details. Meanwhile, Obama’s transition team says it’s reviewing hundreds of actions taken by President Bush using executive authority. The Obama camp says it might overturn a wide variety of executive orders, including limits on stem cell research, abortion funding and the expansion of oil and gas drilling.