What's in Obama's budget
April 10th, 2013
07:41 AM ET
10 years ago

What's in Obama's budget

New York (CNNMoney) - President Obama on Wednesday will propose a $3.77 trillion budget for 2014 that would cut deficits by $1.8 trillion over the next decade, according to senior administration officials.

Obama's budget blueprint - which has already drawn criticism from the left and the right - will offer changes to Medicare and Social Security. It will also include tax increases that would primarily hit high-income households and corporations.


Filed under: Budget • President Obama
soundoff (4 Responses)
  1. Dutch/Bad Newz, VA

    Boehner doesn't like it even with the chained CPI on the table. If that's the game they want to play, then so be it. In the eyes of voters, it looks like the President is willing to negotiate and go against his party and yet republicans still reject compromise. 2014 can't get here fast enough.

    April 10, 2013 08:29 am at 8:29 am |
  2. Guest

    Taxation Nation...oops there it is! Thanks Obama/democrats we're all getting poorer and soon will all need to be dependent on big government as the USA we knew will be gone.

    April 10, 2013 08:33 am at 8:33 am |
  3. Alex H

    What's the old saying? "You know you have a fair deal when both sides are unhappy."

    April 10, 2013 08:41 am at 8:41 am |
  4. Michael

    Every year your nation will need to add to its budget what will you do I am the piper you cannot run or hide that will you do when I come for you bad boy!

    April 10, 2013 09:13 am at 9:13 am |