Obama budget plan

April 14, 2011 at 2:34AM

• Shave $4 trillion from deficit spending over 12 years

$3 in spending cuts for every $1 in tax increases

End tax cuts for top earners

DETAILS OF CUTS

Medicare: $480 billion

Military spending: $400 billion

Domestic programs: $770 billion

Mandatory programs such as ag subsidies: $360 billion

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