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CBO Sees Proposed Cuts to Mortgage Funding, Interest Tax Deductions 

Sep 02, 2009By

[Update 2: Clarifies that the Congressional Budget Office’s role is as the primary congressional agency charged with reviewing congressional budgets and other legislative initiatives with budgetary implications. The CBO does not propose budgets or weigh options.] In a recent report, the Congressional Budget Office says proposed cuts range from the elimination of fighter jet programs, reduction of the strategic petroleum reserve to eliminating the National Youth Anti-Drug media campaign.

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