Economy/Business News Alert: Obama and Republican leaders in talks over plan to cut debt by $3 trillion

Thursday, July 21, 2011

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Economy/Business News Alert: Obama and Republican leaders in talks over plan to cut debt by $3 trillion
July 21, 2011 2:08:30 PM
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President Obama and House Republican leaders are deep in negotiations over a far-reaching plan to save $3 trillion over the next decade, congressional leaders have been told. Aides said the savings would come through sharp cuts in agency spending and changes to popular health and retirement programs -- but without any immediate increase in taxes.



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