Keeley Interview on U.S. Budget

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April 14 (Bloomberg) -- Terrence Keeley, senior managing principal at Sovereign Trends LLC, talks about reaction to President Barack Obama's $4 trillion deficit-reduction plan announced yesterday. Obama's call for raising taxes by focusing on spending in the tax code was immediately rejected by top Republicans, signaling that any effort to increase the government’s take from the economy would be difficult to move through Congress. Keeley speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)


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