President Obama told the republicans in congress, he still would like to cut the deficit, but only a combination, increase revenue and reduce costs, in his budget during negotiations, collapsed on the end of last year's offer. Republicans said, they refused to raise more revenue.
In his country's state of the union address on Tuesday night, Obama reiterated his suggestion, in order to reduce $90 billion spending, and increase the $60 billion tax, through the tax reform. The combined $1.5 trillion deficit reduction will also reduce the government pay the debt. Obama's plan to use some savings to pay to the creation of employment opportunities in the move.
$90 billion including the reduction of $40 billion of medical insurance and other health care plan to reduce spending.



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