image description

President Obama Sends Record Budget To Congress

February 4th, 2015 by WCBC Radio

President Barack Obama has sent Congress a record $4 trillion budget that would boost tax credits for families and the working poor but also raise taxes on the wealthy. The blueprint for the 2016 budget year that begins Oct. 1 represents a 6.4 percent increase over estimated spending this year. House Speaker John Boehner says Obama has laid out a plan for more taxes, more spending and more Washington gridlock. The president is touting his budget as "middle-class economics" – but tax bills for middle-class families would stay about the same. Maryland’s only republican member of its congressional delegation is Andy Harris, and he has major concerns with the president’s budget package…


Leave a Reply

View Mobile Site