An honorable member of the Coffee Shop Has Just Posted the Following:
http://www.straitstimes.com/news/wor...-tax-reformsUS budget loaded with spending and tax reforms
Published on Feb 2, 2015 7:33 PM
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US President Barack Obama has put forward a US$4 trillion (S$5 trillion) budget loaded with spending and tax reforms that will likely be dead on arrival at the Republican-controlled Congress. -- PHOTO: AFP
WASHINGTON (AFP) - President Barack Obama has put forward a US$4 trillion (S$5 trillion) budget loaded with spending and tax reforms that will likely be dead on arrival at the Republican-controlled Congress.
Using a healthier economy to turn away from years of austerity-first policies, Obama's plan includes sizeable spending on infrastructure, research and the military, according to details released Monday.
Senior officials said the plan would "put the good of middle-class families and our economy front and centre, while also continuing progress on restoring fiscal discipline."
"You don't have to choose between those two things," one official said. "You can in fact accomplish both."
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02-02-2015, 08:10 PM
Beggar Obama's bankruptcy government will Shutdown yet again
