Obama to Call For Broad Plan to Reduce Debt
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Obama to Call For Broad Plan to Reduce Debt
By Jackie Calmes
Washington — President Barack Obama will call this week for a broad plan to raise revenues and cut deficits, as the battle over fiscal issues moves past this weekend’s budget deal and into broader and more consequential debate over the nation’s long-term fiscal health.
In a speech to be delivered at a university here Wednesday, Obama will call on Congress to join him in writing a multiyear debt-reduction plan that would depart significantly from the one proposed by House Republicans, administration officials said.
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