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< Cheat Death
Apr 05, 2013 06:49
Category: General News

President Makes A Budget Proposal

WASHINGTON (AP) — President Barack Obama is making another attempt to compromise with Republicans on the budget. A senior administration official says the budget Obama will offer to Congress next Wednesday includes a revised inflation adjustment called "chained CPI" that would curb cost-of-living increases in Social Security and other benefit programs. The official says the budget would reduce the deficit by $1.8 trillion over 10 years.