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U.S. Senate rejects President Obama’s deficit plan

Mike Riggs Contributor

The Senate has rejected a plan backed by President Obama to create a bipartisan task force to tackle the deficit this year.

The special deficit panel would have attempted to produce a plan combining tax cuts and spending curbs that would have been voted on after the midterm elections.

Full story:  FOXNews.com – Senate Rejects Obama-Backed Task Force on Reducing Deficit