Clinton's proposal to rev up the economy and cut the deficit signals a fundamental shift in priorities. The complex package, described in a 145-page document called A Vision of Change for America, seeks to boost investment in job-creating programs while reducing spending elsewhere, especially in the military budget. To reduce the deficit $325 billion over four years, Clinton proposes dozens of tax increases and 150 spending cuts. The pain is widely distributed. Military and government employees get stung, while the wealthiest citizens take a direct tax hit and the middle class feels the heat of an energy levy. But children and...
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