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Obama: Cut loopholes, not Medicare to reduce deficit

In President Obama's State of the Union, he said instead of cutting Medicare, we should "save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well-off and well-connected."

http://www.firstcoastnews.com/video/2161055053001/1/Obama-Cut-loopholes-not-Medicare-to-reduce-deficit http://bc_gvpc.edgesuite.net/img/963482463001/201302/282/963482463001_2161034390001_961896998-156-1360724145684.jpg?pubId=963482463001 Obama: Cut loopholes, not Medicare to reduce deficit In President Obama's State of the Union, he said instead of cutting Medicare, we should "save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well-off and well-connected." state of the uniondeficitMedicareloopholesvpcPresident ObamaNational NewsUSA TodayGovernment/Politics 02:13

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