President Obama Outlines Broad Plans to Reduce Deficit, Slams GOP Budget Proposal

President Obama today outlined his own proposal for reducing the nation's deficit by $4 trillion in the next 12 years, calling it a "more balanced approach" than the one championed by congressional Republicans, and emphasized that everything in the budget must be up for discussion. "Any serious plan to tackle our deficit will require us to put everything on the table, and take on excess spending wherever it exists in the budget," the president said in remarks a few blocks away from the White...Full Story
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