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Obama Budget Would Cut Entitlements in Exchange for Tax Increases
The Washington Post; subscription may be required
Apr. 7, 2013
"White House officials said ... that Obama's budget would cut Medicare and Social Security and ask for less tax revenue than he has previously sought.... Obama proposed changing the cost-of-living calculation for Social Security in a way that will reduce benefits for most recipients, a key Republican request that he had earlier embraced only as part of a compromise."
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