Obama Sets Goal Of Cutting $4 Trillion In US Deficit

President Obama Wednesday outlined plans to reduct the federal deficit by $4 trillion over 12 years. Obama's plan includes a combination of spending cuts and tax reform. Overseas, former Egyptian President Hosni Mubarak and his sons were ordered detained for questioning on abuse of power, while calls for increased U.S. military involvement in Libya intensified.

 
 
 
 
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