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31 Jan

Obama’s $3.8 trillion budget heading to Congress (AP)

Posted in politics on 31.01.10

FILE - In this Jan. 27, 2010, file photo President Barack Obama delivers the first State of the Union address of his presidency on Capitol Hill in Washington. To the joint session of Congress Obama said, 'So, as temperatures cool, I want everyone to take another look at the plan we've proposed...  if anyone from either party has a better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors and stop insurance company abuses, let me know... I'm eager to see it.' Vice President Joe Biden and House Speaker Nancy Pelosi are seen in the background.  (AP Photo/Tim Sloan, Pool, File)AP – The Obama administration on Sunday endorsed spending an additional $100 billion to attack painfully high unemployment as it prepared to send Congress a $3.8 trillion budget that would provide billions more to pull the country out of the Great Recession while increasing taxes on the wealthy and imposing a spending freeze on many government programs.



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