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From Paul Krugman at The New York Times:

Elections have consequences. President Obama’s new budget represents a huge break, not just with the policies of the past eight years, but with policy trends over the past 30 years. If he can get anything like the plan he announced on Thursday through Congress, he will set America on a fundamentally new course.

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Related in The New York Times:

President Obama’s Budget: Some Honesty About Taxes – Finally

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