The document calls for reductions in farm subsidies elsewhere in the developed world that are even steeper than those proposed for America: an 83% reduction in aggregate support levels in Japan and the EU, and a reduction in trade-distorting support of 75% (53% for Japan).

ECONOMIST: America tries to get things moving | The

The president poked at Romney for details on how his package of tax cuts adds up to deficit reduction in the aggregate.

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