Obama Outlines Deficit Blueprint

Speaking at George Washington University Wednesday, President Obama outlined a plan to lower the federal deficit by $4 trillion over 12 years. It's a stark contrast to the plan put forward by House Republicans last week. The president's plan relies on a combination of spending cuts and tax increases to stem the tide of red ink. Obama returned to his campaign theme that we're all in this together.

Source: http://www.npr.org/2011/04/13/135386555/obama-outlines-deficit-blueprint?ft=1&f=1014

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