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President Obama is due to unveil a FY 2014 budget today that will look to cut the deficit to...

President Obama is due to unveil a FY 2014 budget today that will look to cut the deficit to 2.8% of GDP by 2016 from a projected 5.3% this year. The proposal will include tax increases for the well-off but also spending cuts and an offer to use "chained CPI" to limit the cost-of-living increases on welfare programs. The package has little chance of becoming law as is, but the White House hopes it can kick off fruitful negotiations.
Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    If you want some comedy today..read this...lots of good jokes in it...
    10 Apr 2013, 08:14 AM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    About what you'd expect if you've been paying attention...

     

    http://bit.ly/Z8hBG1
    10 Apr 2013, 09:16 AM Reply Like
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