President Obama Introduces His Budget

President Barack Obama introduced a very aggressive budget  with highlight that include  $250  Billion set aside as a placeholder for the banking industry, in the event that President Obama decides to ask congress for more money.

The budget include billions of dollars in revenue starting 2012 and lasting many years from greenhouse gas emissions trading systems, an Obama administration key proposal to fight global warming.

The budget includes a 10 year, $634 billion reserve fund to help pay for the presidents proposed health care reforms.  In additions funds are  being set aside for public works projects which are designed to jump start the economy and of course tax cuts for the  US middle class are included in the proposal.


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