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Apr 10, 2013 06:57
Category: General News

President Obama Sends Budget To Congress

WASHINGTON (AP) — President Barack Obama is sending Congress a spending plan aimed at taming the federal government's trillion dollar deficits. The 2014 budget proposal includes an additional $1.8 trillion in deficit reduction over the next decade, which would bring total deficit savings to $4.3 trillion. It projects a deficit of $744 billion for the year. That would be the lowest gap between spending and revenue since 2008.