Obama: Cut Defense, Raise Taxes (US News & World Report)

From US News & World Report. Here we go again:

I love it when politicians break out of their traditional policy boxes and do something suprising, novel. Here is how the WaPo describes President Obama’s first budgt: “President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on business and the wealthy and by slashing spendin…

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