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February 13, 2012

Obama's Budget Includes New Taxes on Millionaires, Cuts to Medicare 
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President Obama will release an election-year budget today that raises
taxes on millionaires, seeks billions of dollars for job-creating
infrastructure projects, and commits to $4 trillion in deficit reduction
over 10 years. Obama's budget will also repeat a call for $360 billion
in reductions to Medicare and Medicaid.



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