Obama Plan: $3 Trillion In Cuts; Veto Tax Cuts For The Rich

Where the money for the $447 billion jobs plan comes from:

The $3 trillion in deficit reduction is made up of money saved from ending the war in Iraq and drawing troops down in Afghanistan, raising taxes for the wealthy and corporations and cutting about $540 billion in Medicare and Medicaid, administration officials said Sunday night.

By: Alan

Alan Colmes is the publisher of Liberaland.