A comparison of President Barack Obama's latest deficit reduction proposal with a Republican plan written largely by Rep. Paul Ryan of Wisconsin, and expected to get a House vote this week:
DEFICIT
Without changes to current law, budget deficits will total $7 trillion over the next decade, the Congressional Budget Office projects. The deficit is the difference between the government's outlays and its income in a fiscal year. Both Obama's and Ryan's proposals are vague in several areas.
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