The officialsaid Obama hopes to achieve his deficit-reduction goal by generating savings as he follows through on three core campaign promises over the next four years. He has pledged to wind down the Iraq war by withdrawing most combat troops within 16 months of taking office. He also has said he would let the temporary Bush tax cuts expire in 2011 for people making more than $250,000 a year, effectively raising taxes on those people. And, he has vowed to scale back spending and improve government efficiency by eliminating programs that don't work.
It's always going to be filtered in the best possible light for the GOP.
*Please don't think too much about this phrase. Thank you.
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