Bridging the ?fiscal cliff? gap over spending

?I?ve put forward a detailed plan that allows us to make these investments while reducing our deficit by $4 trillion over the next decade.?

? President Obama, Nov. 9, 2012

Much of the attention concerning the so-called ?fiscal cliff? has focused on tax revenues, specifically President Obama?s demand that tax rates rise for the wealthiest Americans. But the other side of the ledger ? spending ? is equally important, if the goal is to reduce federal budget deficits.

Read full article >>

Source: http://feeds.washingtonpost.com/c/34656/f/636655/s/25cf00e8/l/0L0Swashingtonpost0N0Cblogs0Cfact0Echecker0Cpost0Cbridging0Ethe0Efiscal0Ecliff0Egap0Eover0Espending0C20A120C110C20A0Cd82ed9420E33520E11e20Ebfd50Ee20A2b6d7b50A10Iblog0Bhtml0Dwprss0Frss0Ipolitics/story01.htm

entertainment news new