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Obama unveils $3.73 trillion budget for 2012

Obama unveils $3.73 trillion budget for 2012

President Barack Obama is sending Congress a $3.73 trillion spending blueprint that pledges $1.1 trillion in deficit savings over the next decade through spending cuts and tax increases.

 

Top Democrats Push for Plans to Trim Deficit

The White House and Congressional leaders are weighing options for reducing the federal deficit, including a bipartisan commission that could force tax increases and spending cuts.

 

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