Topics

Patrick J. Toomey
Obama's $4-trillion budget champions liberal priorities
Obama's $4-trillion budget champions liberal priorities

President Obama released a $4-trillion budget Monday with liberal priorities that have little chance of passage but will serve as an initial foray in negotiations with the new Republican Congress and help define the Democratic Party in the run-up to the 2016 presidential race. The administration’s annual federal budget, like those that will follow from the House and Senate, is a largely aspirational blueprint, even more so in Obama’s final term. This budget, ending in September 2016, is the last one the president will still be in office to fully execute. There are several factors working in his favor this year, including a strengthening economy, a falling deficit and rising...

Loading