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APR 10, 2013 - Business Insider

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Obama Unveils Plan To Cut The Deficit By $1.8 Trillion — Includes $580 Billion In Taxes

US President Barack Obama Wednesday debuts a budget that will be declared dead on arrival by Republicans, irk liberals and stand as his final offer in the next fiscal clash to consume Washington. Obama's spending plan for 2014 is in many ways an academic exercise, given that it has no chance of being fully enacted in stalemated Washington, as Republicans and Democrats on Capitol Hill have already passed rival budgets. But it will represent Obama's entry in the latest fast-building showdown pitching the president's plan to hike taxes on the most well off against Republican plans to slash ... Read More

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