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Clinton to propose budget cutting 100 federal programs
President Clinton plans a 1.5 trillion budget next week to restrain spending in 600 federal programs and eliminate more than 100. It targets local school support for military dependents, uranium enrichment research, and legal aid payments, with large cuts in loan subsidies and defense civilian jobs. The plan, a "stay-on-track" deficit strategy, also freezes 300 programs and trims 300 more, while raising gasoline taxes and income taxes on the wealthy.
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Leon Panetta
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