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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (607641)	4/13/2011 2:15:26 PM
From: Jim McMannis	1 Recommendation Read Replies (2) of 1580249

Wow...after he added 4 trillion to the deficit in 2 years he's going to reduce it 4 trillion in 12 years... Obama pivots, eyes Medicare changes, tax increases WASHINGTON – Challenging Republican budget plans, President Barack Obama on Wednesday proposed lowering the nation's future deficits by $4 trillion over a dozen years through a blend of specific measures and vague objectives designed to lower spending in politically sensitive health care programs while also increasing taxes. The president proposed reductions in the growth of Medicare spending, cuts in defense, an overhaul of the tax system to eliminate many loopholes enjoyed by individuals and corporations, and an end to Bush era tax cuts for wealthier Americans.

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