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IPFS News Link • TAXES: Federal

Obama to cut deficit by raising taxes on rich and doing war on the cheap

02-22-2009 • Washington Post

President Obama will unveil an ambitious first budget that seeks to cut the federal deficit in half over the next 4 years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan

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Reported By Powell Gammill

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Obama to cut deficit by raising taxes on rich and doing war on the cheap

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