President Barack Obama on Tuesday unveiled a record $4.1 trillion, election-year budget that finances Democratic priorities like education, health care and climate change with new taxes on crude oil, the wealthy and big banks.
WASHINGTON (AP) -- Republicans are using their new congressional majorities to push strikingly conservative budgets through the House and Senate, aiming to eliminate deficits by overturning President Barack Obama's health care law and slashing safety net programs for the poor.
WASHINGTON (AP) -- Sure, $4 trillion sounds like a lot. But it goes fast when your budget stretches from aging highways to medical care to space travel and more. Here's an agency-by-agency look at how President Barack Obama would spend Americans' money in the 2016 budget year beginning Oct. 1:
Highlights* of proposals in the $4 trillion budget for 2016 that President Barack Obama sends to Congress on Monday:
A six-year, $478 billion public works program for highway, bridge and transit upgrades. About $238 billion would come from a one-time 14 percent mandatory tax on the up to $2 trillion in estimated U
WASHINGTON (AP) -- The $4 trillion budget that President Barack Obama sends Congress on Monday proposes higher taxes on wealthier Americans and corporations, and an ambitious $478 billion public works program for highway, bridge and transit upgrades.
WASHINGTON (AP) -- House Republicans pressed ahead with a $1.1 trillion government-wide spending bill Thursday despite genuine anger among Democrats whose votes they need for passage, and lingering opposition from tea party Republicans who see more in the measure to dislike than like.
WASHINGTON (AP) -- Declaring early childhood education "one of the best investments we can make," President Barack Obama on Wednesday followed up on a promise to expand early education opportunities for tens of thousands of children by announcing $1 billion in public-private spending on programs for young learners.
WASHINGTON (AP) -- A huge, $1.1 trillion spending bill funding every corner of government opened to mixed reviews Wednesday, with conservatives unhappy that it fails to challenge President Barack Obama's immigration policy while many Democrats are displeased because it weakens the 2010 Dodd-Frank regulation of risky financial instruments.