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Seven things you absolutely need to know about Obama’s budget
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Ingram says Obama's 2015 budget is more of a wish list for Democrats, because 2015 spending levels are already set and House Republicans will put together their own budget putting forward the Republican views. Obama's budget includes new taxes on busiess and the wealthy to reduce the deficit. Other ideas- raise tobacco taxes to pay for universal pre-K education, a "Fianncial Crisis Responsibility Fee" on big banks, overhaul immigraion laws to increase tax revenues, limit itemized deductions for the rich, force drug companies to give large rebates on Medicare prescriptions. Another proposal is a $56 billion "Opportunity, Growth and Security" Initiative, for spending on early childhood education, job training, and medical research. To pay for this he would cut the amount wealthy people can save tax free for retirement, cut crop insurance and raise airline security fees.
U.S. president Obama's 2015 Budget
03/04/2014
Grouped Articles
Seven things you absolutely need to know about Obama’s budget
Washington Post 03/05/2014
Obama Scales Back Budget Goals
Wall Street Journal 03/05/2014
Obama’s Budget Is a Populist Wish List and an Election Blueprint
New York Times 03/04/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
Senate approves two-year bipartisan budget agreement - The Washington Post
Washington Post 10/30/2015
Taxes paid by large U.S. corporations and Obama's 2015 Budget
03/04/2014
Experts say the reason companies like GE paid only 4.2% in taxes in 2013- as shown in the WP report citing its annual filing, is that large companies have become adept at gaming the tax rules.
Grouped Articles
Seven things you absolutely need to know about Obama’s budget
Washington Post 03/05/2014
Obama Scales Back Budget Goals
Wall Street Journal 03/05/2014
Obama’s Budget Is a Populist Wish List and an Election Blueprint
New York Times 03/04/2014
The New York Times 08/12/2016
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