WASHINGTON, DC—President Obama used his weekly address to tell the American people about the Budget he is sending to Congress this week, which makes the tough choices required to grow our economy and shrink our deficits. The President’s Budget calls for a balanced approach to deficit reduction, including reforms that strengthen Medicare for future generations and tax reform that closes wasteful loopholes, so we can afford the investments required to grow grow the economy, create new jobs, and reignite the engine of our economic growth: a rising, thriving middle class.
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