Billionaires Packer and Milchan, at center of Netanyahu Investigation, Sought to Recruit Mossad Chief

Steinitz Warns of 2013 Tax Hikes Despite Plans to Widen Deficit

Comments come after Netanyahu said the increased budget deficit would help prevent large spending cuts and a tax hike.

Finance Minister Yuval Steinitz said on Wednesday that there is no choice but to raise taxes, just a day after he and Prime Minister Benjamin Netanyahu...