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Obama: Budget tightening could widen income gap

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WASHINGTON (AP) — On the fifth anniversary of the Lehman Brothers collapse, President Barack Obama says the Republican focus on budget tightening could widen income disparities in the nation even as the economy climbs out of a debilitating recession. Trying to lay claim to an economic turnaround, Obama acknowledged that despite progress, middle- and low-income Americans have not benefited as...

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