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The $4 trillion budget that President Obama released Monday is more utopian vision than pragmatic blueprint for his final years in office, but buried in the document are kernels of proposals that could take root even with a hostile Republican Congress.
In his penultimate budget, Mr. Obama proclaimed victory in the long climb from deep recession and said the time had come to loosen the strictures of austerity to invest in the nation’s future, laying out a plan likely to shape the 2016 presidential contests. He relies on large tax increases, on corporations and the wealthy, to finance efforts in education, infrastructure construction and work force development that he says have waited far too long.
Read more http://www.nytimes.com/2015/02/03/us/obamas-budget.html?_r=0
In his penultimate budget, Mr. Obama proclaimed victory in the long climb from deep recession and said the time had come to loosen the strictures of austerity to invest in the nation’s future, laying out a plan likely to shape the 2016 presidential contests. He relies on large tax increases, on corporations and the wealthy, to finance efforts in education, infrastructure construction and work force development that he says have waited far too long.
Read more http://www.nytimes.com/2015/02/03/us/obamas-budget.html?_r=0
