Details Emerge in 4 Trillion Budget
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From the Left
Obama budget would fund public works program with tax on overseas profitsPresident Obama will unveil a $4 trillion budget Monday, featuring an ambitious public works program, a one-time tax on foreign profits kept overseas by corporations, tax credits for middle-class Americans, and a 1.3 percent pay raise for federal employees and troops.
From the Center
Budget 2016: Obama moves left, testing RepublicansPresident Obama's 2016 budget seeks higher spending on education, roads, and bridges, and a boost to middle class incomes. Republicans want to spend more on defense. The search for common ground is on.
From the Right
Obama sending Congress $4T budget replete with new spending, taxesPresident Obama is sending Congress an ambitious budget plan Monday that includes a half-trillion-dollar public works program and an array of tax increases meant to fund a host of other agenda items -- in what Republicans are ripping as a tax-and-spend document that does little to restrain the soaring $18 trillion debt.
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