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Obama: No tax reform without spending to spur jobs

wochit politics
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August 03, 2013 AT 10:59 AM
President Barack Obama says there are no gimmicks to grow the economy ? just difficult steps that require Washington's focus. In his weekly radio and Internet address, Obama promoted a plan he calls a grand bargain that he says can break through gridlock. Obama says he's willing to work to reform the tax code for businesses but many loopholes and deductions need to be done away with.