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Obama on Budget Cuts: A Scalpel, Not a Machete

By Scott Conroy - February 15, 2011

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President Obama defended his proposed $3.73 trillion 2012 budget on Tuesday against criticisms that it would not go far enough in addressing the nation's fiscal crisis in a manner that his own deficit commission suggested. Facing questions from reporters who pressed him on why his budget cuts did not address entitlement spending, which is the long-term driver of the national deficit, Obama noted...

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