White House: Obama plan would cut deficit by $1.5 trillion

President Barack Obama has a plan that would shrink the deficit by $1.5 trillion by making spending cuts and raising new revenue, the White House says, making across-the-board sequestration cuts unnecessary. White House Chief of Staff Denis McDonough announced the plan during media appearances Su...


This news summary appeared in AIA dailyLead® on 02/18/2013
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