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Ryan: Republicans ‘not preaching austerity,’ we’re offering ‘opportunity’

Rep. Paul Ryan (R-WI) is insisting that Republican budget plans which drastically cut discretionary spending on programs for the sick and the poor is an “opportunity” instead of “austerity.” NBC host David Gregory on Sunday pointed out to Ryan that New York Times columnist Paul Krugman recently argued that “the…

Obama anchors budget on tax hikes for the rich

US President Barack Obama will Monday roll out a populist election-year budget, challenging Republicans to support his job creation drive and to finally agree to hike taxes on the richest Americans. Obama will use his annual spending plan to flesh out his pledge to build a new economy in which…

Obama centers budget on tax hikes for the rich

(Note: The original AFP headline for this story bizarrely read, “Obama anchors budget on tax cuts for the rich.” Raw Story has corrected this.) US President Barack Obama will Monday roll out a populist election-year budget challenging Republicans to support his job creation drive and to finally agree to hike…