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APR 10, 2013 - Business Insider

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Obama's Budget Is An Attempt At A 'Grand Bargain' — But So Far It's Only Making Him New Enemies

WASHINGTON (AP) — President Barack Obama on Wednesday is sending Congress his 2014 budget, an effort to achieve an elusive "grand bargain" to tame runaway deficits that have soared above $1 trillion for each of the past four years. Obama's spending blueprint for the 2014 budget year would accomplish the deficit cuts through a combination of further tax increases, further reductions in the growth of spending and reductions in the growth of the government's biggest benefit programs, Social Security and Medicare. But instead of moving Congress nearer a grand bargain, the Obama's proposals ... Read More

Tags: Obama's Budget Is An Attempt At A 'Grand Bargain' — But So Far It's Only Making Him New Enemies,  2016 Latest News