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File photo of President Barack Obama. (credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

Obama: Proposed Budget Not His ‘Ideal Plan’

Confronting bipartisan criticism, President Barack Obama conceded Saturday his proposed budget is not his “ideal plan” but said it offers “tough reforms” to the nation’s benefit programs while closing loopholes for the wealthy, a mix that he argued will provide long-term deficit reduction without harming the economy.



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