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KPIX CBS Evening News With Scott Pelley September 20, 2011

cuts, overall 71% said yes. and among republicans, 57% agreed. we have reports from norah o donnell and nancy cordes. first, norah who is here in new york because the president will be visiting the u.n. later this week. norah? reporter: scott, we saw very different president obama in the rose garden, doubling down on his plan to cut the deficit by raising taxes on the wealthiest american, and he vehemently rejected republican charges that his proposal fuels class warfare. we can t just cut our way out of this hole. it s going to take a balanced approach. reporter: president obama today challenged republicans in congress to embrace a plan that does more than just cut spending. it s only right that we ask everyone to pay their fair share. reporter: by everyone, the president means the wealthiest americans. today mr. obama outlined more than three trillion dollars in additional deficit reduction over the next decade by proposing $1.1 trillion in savings from the drawdo

WJZ CBS Evening News With Scott Pelley September 19, 2011

we can t just cut our way out of this hole. it s going to take a balanced approach. reporter: president obama today challenged republicans in congress to embrace a plan that does more than just cut spending. it s only right that we ask everyone to pay their fair share. reporter: by everyone, the president means the wealthiest americans. today mr. obama outlined more than three trillion dollars in additional deficit reduction over the next decade by proposing $1.1 trillion in savings from the drawdown of troops in afghanistan and iraq. 580 billion in mandatory spending cuts, including reforms to medicare and medicaid, and that $1.5 trillion in tax reform, including expiration of some of the bush tax cuts and by closing loopholes and deductions for the wealthiest americans. the president s most controversial suggestion, the so-called buffett rule, named after billionaire investor warren buffett, who first suggested it. the idea is that people who make more than $1 milli

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