It is not every year that the President of the United States calls for higher taxes just two days before Tax Day, but that appears to be exactly what will happen Wednesday night when President Obama will outline his debt reduction strategy to the nation at a yet to be named Washington, DC metro area college campus.

White House Chief of Staff David Plouffe previewed the president’s speech on the Sunday news shows as “a balanced approach” that can “win the future.” But considering what White House aides have said so far, Obama will name just one specific policy proposal on Wednesday: higher taxes.