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PBS News Hour

Obama Budget Plan With Medicare Cuts, Tax Hikes

The Obama administration rolled out its new budget proposal, which includes Medicare cuts and tax hikes for the wealthy. Kwame Holman has more on the budget from Capitol Hill. Gwen Ifill gets two reactions to the president's budget, first from Rep. Cathy McMorris Rodgers, R-Wash., then White House economic adviser Gene Sperling.
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