Obama Budget Sets Up Fight With Republicans Over Depth of Cuts
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President Barack Obama’s $3.7 trillion budget request was met with demands for a bolder reshaping of the government by Republicans, who said they want deeper cuts than the Democratic administration put forth.
Obama’s budget for the 2012 fiscal year, his first since Republicans took control of the U.S. House, aims to reduce deficits by more than $1 trillion in the coming years. The plan includes cuts to energy, transportation, housing and other programs popular with his fellow Democrats.