Obama worries Republicans, Democrats with new budget | Bangkok Post: news

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Obama worries Republicans, Democrats with new budget

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President Barack Obama rolled out a $3.78 trillion budget Wednesday, angering Republicans with a call for higher taxes on the rich, while worrying liberals by countenancing cuts to retirement benefits. 

Copies of US President Barack Obama's Fiscal Year 2014 Budget proposal wait to be distributed to Senate staff on Capitol Hill in Washington, DC, on April 10, 2013. To Republican mockery, Obama rolled out a $3.78 trillion budget that laid out his battle lines in a new fiscal showdown in Washington but irked some liberal allies.

Much was familiar in Obama's blueprint, rooted in his enduring campaign to shield the American middle class and to cut deficits without massive cuts in infrastructure, education spending and cherished social programs.

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