WASHINGTON (Reuters) - President Barack Obama set a goal on Wednesday of cutting the U.S. budget deficit by $4 trillion over 12 years through spending cuts and tax increases on the rich and rejecting a Republican plan as too radical.
Reuters: Top News, Reuters
Wed, 04/13/2011 - 5:30pm
WASHINGTON (Reuters) - President Barack Obama set a goal on Wednesday of cutting the U.S. budget deficit by $4 trillion over 12 years through spending cuts and tax increases on the rich and rejecting a Republican plan as too radical.