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Obama budget to drop benefit cost-of-living trims

February 21, 2014
By JIM KUHNHENN , THE ASSOCIATED PRESS

WASHINGTON - President Barack Obama will propose an election-year budget that would drop reductions he had previously embraced in federal benefits, officials disclosed Thursday. He also will ask Congress to approve about $56 billion in new or expanded programs, stepping back from aggressive efforts to tackle long-term government deficits and debt.

 
 
 

 

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