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Budget
U.S. budget deficit hits record $438 billion for year -
Savings
Spending cuts and tax increases were made to save money, but resulted in our GDP rising 6 percent from 2009-2012 -
Saving
The "American Recovery and Reinvestment Act of 2009" includes a variety of spending measures and tax cuts intended to promote economic recovery. -
Leadership
Obamacare starts and saves medicare millions of dollars. -
Leadership
President Obama signed into law an extension of the existing federal income tax cuts and long-term unemployment benefits. The bill also includes a 2% rollback of Social Security payroll taxes. -
Trade
The United States had a $109.4 billion deficit because the Chinese are making most of our technological products and we are not buying from the U.S. -
Trade
Obama signs free-trade agreements with South Korea, Colombia, and Panama -
Budget
The senate decided to have a $1.1 trillion spending bill for this year.