Revenue could be raised through an overhaul of the tax code, he said, “and we can do it in a gradual way so that it doesn’t have a huge impact.”“There is no doubt we need additional revenue, coupled with smart spending reductions in order to bring down our deficit,” he said. http://www.bloomberg.com/news/2013-02-03/obama-says-u-s-need...---YEah...he'll just cut those deductions like 401K contributions, that 'mortgage interest' deduction, and all the others...one by one....It doesn't have to have a 'huge' impactYeah baby..just a 'big' or 'medium' impact is fine,.....as long as it is not huge!.....t.
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