Obama's Cut and Tax Deficit Plan: Class Warfare? Political Buzz 9.19

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Uploaded by on Sep 19, 2011

Barack Obama's got a plan for bringing down the Federal deficit over the next 10 years by $3 trillion. It involves big cuts in spending and a tax hikes for millionaires and the top 5% of America's families. But Republicans have already said no way to any tax hikes and labelled the whole thing "class warfare". Obama will need to relabel it "populism" if he's gonna win this one.

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