Thursday, February 26, 2009

Obama Shifts Course with $3.5 Trillion Budget

ABC News: Obama Shifts Course with $3.5 Trillion Budget:
"President Obama's $3.5 trillion budget proposal, the largest in history, presents a dramatic break from policy and a shift in governmental priorities. The administration is attempting to redirect vast sums of money from businesses and wealthier individuals to those with lower incomes and enact ambitious and costly new programs for energy, education and health care.
Largest budget proposal in U.S. history would reform tax policies.

'I don't think that we can continue on our current course,' Obama said in his remarks about the budget submitted to Congress this morning. 'I work for the American people, and I'm determined to bring the change that the people voted for last November. And that means cutting what we don't need, to pay for what we do.'"

No comments:

Post a Comment