President Obama Announces Deficit-Cutting Plan to Axe $4 Trillion

President Obama, in a speech at Washington’s George Washington University on Wednesday, announced his plan for cutting the budget deficit by $4 trillion over the next 12 years.
President Obama Announces Deficit-Cutting Plan to Axe $4 Trillion
President Barack Obama speaks on fiscal policy April 13, 2011 at George Washington University's Jack Morton Auditorium in Washington. Mandel Ngan/AFP/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/112146879.jpg" alt="President Barack Obama speaks on fiscal policy April 13, 2011 at George Washington University's Jack Morton Auditorium in Washington.  (Mandel Ngan/AFP/Getty Images)" title="President Barack Obama speaks on fiscal policy April 13, 2011 at George Washington University's Jack Morton Auditorium in Washington.  (Mandel Ngan/AFP/Getty Images)" width="320" class="size-medium wp-image-1805577"/></a>
President Barack Obama speaks on fiscal policy April 13, 2011 at George Washington University's Jack Morton Auditorium in Washington.  (Mandel Ngan/AFP/Getty Images)