Politics

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Reps. Paul Ryan, R-Wis., left, and Chris Van Hollen, D-Md., during Tuesday's House Budget hearing on President Obama's proposed fiscal 2012 budget. Photo by Scott J. Ferrell/Congressional Quarterly/Getty Images. Now that President Obama has unveiled his budget proposal…

In a news conference Tuesday, President Obama defended his proposed 2012 budget, acknowledging that "there will be plenty of arguments in months to come, and everybody's going to have to give a little bit." The president said…