President Barack Obama said last Friday he stands by his desire to slash “hundreds of billions” more in longterm defense spending than his previous goal of a $400 billion cut to security funding. Obama spoke to reporters about the status of difficult negotiations with congressional leaders over crafting a plan for cutting the national debt. He hopes to reach a deal with Congress by the end of this week that includes a plan to raise the nation’s debt ceiling. He told…
Obama Pushes For More Than $400 Billion In Cuts
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