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The report by Chinese food safety officials found that chicken samples across the country were contaminated with some antibiotics and steroids.93 29. Obama's meeting on the sidelines of the summit Monday with the president of China,coach outlet online, unveiled his budget resolution Tuesday They also said President Obama will continue his outreach to Senate Republicans through dinners and phone conversations but the path to bipartisan compromise on budget matters was narrow and fraught with difficulties The senior officials said Washington needed to temper its expectations about a so-called grand bargain matters - that one dinner and a trip to Capitol Hill won't bridge all policy divides On Ryan's budget senior White House economists projected it would cut non-defense discretionary spending by 20 percent over ten years repeal Mr Obama's health care law and cut Medicaid spending by one-third The White House dismissed this as the kind of austerity that could hurt economic growth in ways reminiscent of Europe's experience with budget cuts The White House also doubts whether Ryan's budget can achieve its tax reform goals without raising taxes on middle-income taxpayers Ryan wants to reduce the top tax rate from 396 percent to 25 percent Ryan would also have a lower rate of 10 percent in a two-rate structure In the 2012 campaign GOP nominee Mitt Romney (with Ryan as his running mate) proposed a 28 percent top rate down from the then-current top rate of 35 percent Ryan's budget would create a tax rate cut twice the size of Romney's in percentage point terms (Romney 7 percentage points Ryan 146 percentage points) Top White House officials said Ryan could not pay for tax cuts of this magnitude without sharply reducing tax deduction for mortgage interest and charitable giving enjoyed by many middle-income taxpayers Officials described Ryan's approach to tax policy which they said would cost at least $5 trillion in revenue as an absurd fiction riddled with accounting gimmicks "We have profound differences at a substantive level with the budget proposed by Chairman Ryan" White House spokesman Jay Carney said today "It is in many ways a reiteration of his proposals of the past" As for efforts to forge a big budget deal senior officials said Obama will focus almost all of his attention on Senate Republicans and attempt to persuade them to accept hundreds of billions in new tax revenue The officials said House Republicans adamantly opposed to higher taxes will only budge if forced by Senate Republicans The vehicle for a grand bargain could be the budget resolutions unveiled this week by Ryan and Senate Democrats Mr Obama will no longer try to strike a big budget compromise with Senate GOP leaders or House Speaker John Boehner R-Ohio Like Boehner and Senate Minority Leader Mitch McConnell R-Ky.98+1 Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .and the tide was still rising this morning Suppliers will deliver bins directly to the recipients throughout the summer.54 1,oakley sunglasses sale,00 0 it could mean good things for the stock prices of Potash Corp ().
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