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Wednesday s Insider Report: Chairman cashes out $4-million from this stock that s rallied 760% in the past year

Transcripts For KQED PBS NewsHour 20130411

reporter: the blueprint aims to reduce the deficit by another $1.8 trillion over ten years. that s on top of $2.5 trillion in reductions agreed to at the end of last year. the cuts in this new budget also replace most of sequestration those across-the-board spending reductions that already have begun taking effect. to make it all possible, the president would raise $580 billion in new revenue from higher taxes on the wealthy. and, he anticipated republican objections. if anyone thinks i ll finish the job of deficit reduction on the backs of middle-class families, or through spending cuts alone that actually hurt our economy in the short-term they should think again. when it comes to deficit reduction, i ve already met republicans more than half-way. reporter: but on the senate floor this morning, republican leader mitch mcconnell rejected the president s math. when you cut through the spin and get to the facts, it looks like there s less than $600 billion worth of

Transcripts For KRCB PBS NewsHour 20130411

nation s cities. woodruff: paul solman returns to new york city s riker s island to explore one way to keep teens from returning to jail: behavioral therapy. if we want to change outcomes we have to change behavior, and if we want to change behavior for the long run, we have to change the way we think. ifill: margaret warner looks at a billion dollar trove of picasso and other important cubist works, given by one man to the metropolitan museum of art. woodruff: and we close with a cuban activist s reflections on freedom, oppression and life as a dissident in her home country. ifill: that s all ahead on tonight s newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and. this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you.

Transcripts For KQED PBS NewsHour 20130410

sending to congress today represents. reporter: the blueprint aims to reduce the deficit by another $1.8 trillion over ten years. that s on top of $2.5 trillion in reductions agreed to at the end of last year. the cuts in this new budget also replace most of sequestration those across-the-board spending reductions that already have begun taking effect. to make it all possible, the president would raise $580 billion in new revenue from higher taxes on the wealthy. and, he anticipated republican objections. if anyone thinks i ll finish the job of deficit reduction on the backs of middle-class families, or through spending cuts alone that actually hurt our economy in the short-term they should think again. when it comes to deficit reduction, i ve already met republicans more than half-way. reporter: but on the senate floor this morning, republican leader mitch mcconnell rejected the president s math. when you cut through the spin and get to the facts, it looks like th

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