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President Obama Presents His Deficit Reduction Plan

President Obama Presents His Deficit Reduction Plan

The $3 trillion in deficit reduction that President Obama unveiled in the Rose Garden Monday represents another populist turn for the White House. The $3 trillion over 10 years includes $1.5 trillion in increased revenue ($800 billion in letting the Bush tax cuts expire for top income earners, $700 billion in closing loopholes and other…

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