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.
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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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