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Posts Tagged ‘taxable income’

Obama Budget Proposal and the U.S. Congress: Hey, Big Spender

Wednesday, April 10th, 2013

Here we go again . . . more prattle and prevarication from our government.  First, the good news about Mr. Obama’s budget proposal: he plans to attack the entitlement-reform issues as a compromise component to the more conservative U.S. Congress.  The overall deficit reduction Obama proposes is $4.3 trillion when you add up the $1.8 trillion offer for the next ten years with the $2.5 trillion already established by Obama White House and U.S. Congress in the last two years.  Obama is clearly...

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