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Spending in Perspective

Obama's spending plans would require $9 trillion in government borrowing over the next decade, amounting to a little less than two-thirds of one year's gross domestic product.


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Trims to Medicare, Medicaid Are Proposed to Help Fund Reform
Article | President Obama yesterday outlined measures to trim spending on federal health programs for the elderly and the poor by an additional $313 billion over the next decade, bringing his total proposed savings close to the amount necessary to cover the cost of his signature health-care plan, a top...

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