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White House: ‘No,’ Obama’s budget will never balance

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Dan Pfieffer, a senior adviser to President Obama, confirmed this morning that the president’s proposed budget will never balance. “So, there’s not going to be a date where it balances?” Politico’s Mike Allen asked Pfieffer. “No,” he replied. “What it’s going to be is its going to put us on a path that is consistent with the mutually agreed upon levels of deficit reduction...

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