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Obama to call for 'balanced approach' to spending cuts In a speech today, President Obama will set out his plans for reducing the debt and deficits while maintaining programs he says are needed. Meanwhile, the Republican-held House is set to vote on the last-minute 2011 budget deal and its own 2012...

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In a speech today, President Obama will set out his plans for reducing the debt and deficits while maintaining programs he says are needed. Meanwhile, the Republican-held House is set to vote on the last-minute 2011 budget deal and its own 2012 proposal, with its overhaul of Medicare and Medicaid.

B...

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