President Obama's Deficit and Debt Reduction Plan
President Obama presented his plan for lowering the federal budget deficit and reducing the national debt to students and faculty at George … read more
President Obama presented his plan for lowering the federal budget deficit and reducing the national debt to students and faculty at George Washington University. The plan includes a goal of $4 trillion in deficit reduction in 12 years or fewer. Among his comments, the president vowed to reject portions of the House Republican budget plan, saying the President George W. Bush-era tax cuts for the wealthy would never be extended again during his presidency. close
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