Stocks, Investing, Business and Finance News a9efe978636c4b9abd41bae1e69e59bf http://www.investors.com Copyright 2000-2009 Investor's Business Daily, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission. en-us Sun, 19 May 2013 06:27:16 GMT Sun, 19 May 2013 06:27:16 GMT 34.002011-118.430833 President Obama vastly exaggerated the spending cuts and deficit reduction his budget plan would produce, while dramatically undercounting the level of tax hikes, according to a Congressional Budget Office analysis of his budget released Friday. When Obama put out his budget in mid-April he said that it "will reduce our deficits by nearly another $2 trillion," and "does so in a balanced and responsible way, a way that most<div class="feedflare"> <a href="http://feeds.feedburner.com/~ff/PoliticRss?a=RpHY4KOz7Hc:3fSNX46AIZg:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/PoliticRss?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/PoliticRss?a=RpHY4KOz7Hc:3fSNX46AIZg:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/PoliticRss?i=RpHY4KOz7Hc:3fSNX46AIZg:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/PoliticRss?a=RpHY4KOz7Hc:3fSNX46AIZg:7Q72WNTAKBA"><img src="http://feeds.feedburner.com/~ff/PoliticRss?d=7Q72WNTAKBA" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/PoliticRss?a=RpHY4KOz7Hc:3fSNX46AIZg:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/PoliticRss?i=RpHY4KOz7Hc:3fSNX46AIZg:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.feedburner.com/~ff/PoliticRss?a=RpHY4KOz7Hc:3fSNX46AIZg:gIN9vFwOqvQ"><img src="http://feeds.feedburner.com/~ff/PoliticRss?i=RpHY4KOz7Hc:3fSNX46AIZg:gIN9vFwOqvQ" border="0"></img></a> </div><img src="http://feeds.feedburner.com/~r/PoliticRss/~4/RpHY4KOz7Hc" height="1" width="1"/> http://feedproxy.google.com/~r/PoliticRss/~3/RpHY4KOz7Hc/obama-exaggerated-spending-deficit-budget-cuts.htm http://news.investors.com/article/656551/051713/obama-exaggerated-spending-deficit-budget-cuts.htm?ven=rss Fri, 17 May 2013 21:45:00 GMT Web-Only Politics http://news.investors.com/article/656551/051713/obama-exaggerated-spending-deficit-budget-cuts.htm?ven=rss