Obama, Republicans Bring Out the Budget Knives

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President Obama calls his latest budget proposal a "responsible alternative" to massive cuts demanded by Tea Party Republicans.  Will the upcoming battle shut down the government? Also, will the ripple effect from Tunisia and Egypt become a Middle Eastern tsunami?

Banner image: President Barack Obama's budget is unpacked by aides of the Senate Budget Committee on Capitol Hill in Washington, DC, February 14, 2011. Photo: Jim Watson/AFP/Getty Images

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Warren Olney