President Obama plans $1 trillion deficit cut

President Obama plans $1 trillion deficit cut

(Washington) – US President Barack Obama’s fiscal 2015 budget request would boost US tax revenue by nearly $1.4 trillion over 10 years if fully enacted, cutting deficits by $1.05 trillion while funding new spending, the Congressional Budget Office (CBO) said. But the non-partisan agency’s analysis was less optimistic than the White House’s own projections showing […]

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