Obama’s Budget Would Cut $1 Trillion From Deficit

http://www.nytimes.com/2013/05/18/business/obamas-budget-would-cut-1-trillion-from-deficit.html?partner=rss&emc=rss

The plan includes limiting the deductions and exclusions high-income families can claim, increasing taxes on tobacco products and adopting a new minimum tax on income over $1 million.

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