Obama unveils $3.73 trillion budget for 2012

President Barack Obama is sending to Congress 3.73 trillion spending blueprint that promises $ 1.1 billion in deficit savings over the next decade through spending cuts and tax increases. Obama’s new project the budget deficit for the year rose to a record of $ 1.65 billion. This reflects the large tax cuts Republicans agreed to in December. In 2012, management believes that the imbalance in the decline to 1.1 billion, giving the country a record deficit in the fourth year in a row one trillio

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