![]() TVNZ | Obama Plans to Reduce Budget Deficit to $533 Billion by 2013 Bloomberg By Hans Nichols Feb. 21 (Bloomberg) -- President Barack Obama plans to cut the US budget deficit to $533 billion by the end of his first term by increasing taxes on the wealthy and cutting spending for the war in Iraq, according to an administration ... Obama's first budget aims to halve deficit President Obama faces pivotal week on budget issues |
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