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Tuesday, November 25, 2008

Obama vows to slash wasteful spending (Reuters)

President-elect Barack Obama speaks in front of Peter Orszag (L), the current director of the Congressional Budget Office, as he announces Orszag as his choice for director of the Office of Management and Budget during a news conference in Chicago November 25, 2008. (John Gress/Reuters)Reuters - President-elect Barack Obama vowed on Tuesday to cut billions of dollars from wasteful government programs as he sought to reassure Americans anxious about a growing mountain of debt and a faltering economy.




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