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Barack Obama

President Barack Obama speaks on fiscal policy April 13, 2011 at George Washington University's Jack Morton Auditorium in Washington, DC. Obama was poised Wednesday to unveil a $4 trillion dollar deficit reduction plan, seeking to define a fevered economic debate crucial to his 2012 reelection bid. Obama met key congressional leaders ahead of a showpiece speech on his vision for constraining the fiscal gap as fresh political battles over spending escalated less than a week after the dramatic climax to a 2011 budget fight. MANDEL NGAN/AFP/Getty Images