Obama Proposes $3.8 Trillion Fiscal 2014 Budget

April 10 (Bloomberg) -- President Barack Obama speaks about his $3.8 trillion budget, which calls for more tax revenue and restraints on Social Security benefits. The president is proposing to replace across-the-board budget cuts known as sequestration with what White House budget officials say is $1.8 trillion in additional deficit reduction over 10 years. Obama speaks at the White House. (Source: Bloomberg)

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