President Barack Obama’s final budget proposal is a clarion call for Democratic progressivism — a $4 trillion spending blueprint that would pour billions into clean energy, education and Medicaid, and pay for it by raising taxes on big banks and the wealthy.But in an election season where both parties are being pushed away from their moderate centers, Obama’s proposal is sure to inflame opposition from Republicans.
Obama Seeks Tax Hikes On Banks, The Wealthy To Pay For Budget
bives@politico.com (Benton Ives), Politico
Tue, 02/09/2016 - 9:00am
Topics: president barack obama s buffett rule sept the budget democratic start december paris global climate change initiative green climate fund defense department s eastern europe state pentagon s defense secretary ash carter china debt obama s obama republicans gop white house congress u.s pentagon russia gdp seeks tax banks wealthy pay year billion proposal percent fiscal deficit administration years energy clean spending early including fall deal future education wind permanent raising election growth opposition billions programs credit current solar top investment holding blueprint projects immigration isn significant major bipartisan trillion national savings final envisions care request military incentives economic technologies increase security progress domestic call countries million grow priorities operations
BING NEWS:
- Analysis-Tax hikes to give Russia fiscal headroom to further increase spending
Russia's proposed tax hikes for companies and the wealthy, which may add an extra $30 billion to next year's budget revenues, will allow Moscow to further ratchet up spending, including on its war in ...
05/30/2024 - 2:10 am | View Link - Tax hikes to give Russia fiscal headroom to further increase spending
Russia's proposed tax hikes for companies and the wealthy, which may add an extra $30 billion to next year's budget revenues, will allow Moscow to further ratchet up spending, including on its war in ...
05/30/2024 - 1:09 am | View Link - More
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