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HUFFPOST HILL – Obama Talks Deficit, GOP Cups Its Ears And Yells ‘LA LA LA’

A Senate committee voted on a bill that might finally end the gridlock over the confirmation of the guy who manages Steven Chu’s Twitter account. For a fleeting moment America thought GE might use its tax refund for something other than item…

A Senate committee voted on a bill that might finally end the gridlock over the confirmation of the guy who manages Steven Chu’s Twitter account. For a fleeting moment America thought GE might use its tax refund for something other than items featured on “My Super Sweet 16.” Jim Inhofe anointed himself the Senate’s leading authority on Africa. And the CBO says the budget agreement is the fiscal equivalent of hiding under your desk in a nuclear attack. This is HUFFPOST HILL for Wednesday, April 12th, 2011 (and Barry Bonds is guilty):

PRESIDENT OBAMA CALLS FOR $4 TRILLION CUT IN DEFICIT – In one of those “no, guys, seriously, THIS ONE is a game changer”-style speeches today, the president outlined a plan to cut the nation’s deficit by $4 trillion over the next 12 years. “Now that our economic recovery is gaining strength, Democrats and Republicans must come together and restore the fiscal responsibility that served us so well in the 1990s,” he said, implicitly faulting President Bush’s fiscal policy. “We have to live within our means, reduce our deficit, and get back on a path that will allow us to pay down our debt.” Sam Stein writes that his proposal includes “a mixture of tax hikes, drastic spending cuts, reductions in the Pentagon’s budget and smaller entitlement reforms. It would seek to achieve a final balance of three dollars in spending reductions for every dollar generated in additional tax revenue.” All this deficit reduction chatter and not ONE PEEP about Barbara Mikulski’s costly platinum mouth grill. [HuffPost]

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