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Five jaw-dropping gimmicks in President Obama's budget

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President Obama's budget released Tuesday claims to reduce deficits by trillions of dollars, but a closer look at the details reveals that the deficit reduction is dependent on a number of gimmicks. Overall, Obama's budget for fiscal year 2015 still projects deficits of $4.9 trillion between 2015 and 2024 if all of his policies are adopted. But that is about $3 trillion less than what the...

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