From the NY Times
WASHINGTON — President Obama sent Congress on Monday a proposed budget of $3.8 trillion for the fiscal year 2011, saying that his plan would produce a decade-long reduction in the deficit from $1.6 trillion this year, a shortfall swollen by $100 billion in additional tax cuts and public works spending that he is seeking right away.
Full Story:
http://www.nytimes.com/2010/02/02/us/politics/02budget.html?8au&emc=au
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