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Obama's $3.5 Trillion Budget

February 27. 2009

Obama looking like he wants to pick his nose (joking)

Yesterday, President Barack Obama announced a hefty budget for America. $3.5 trillion to be exact. It covers a wide range of items, but some of them the nation could do without at this time, to save money during this recession turned depression. Crawl before you walk would be an appropriate analogy regarding spending.

Obama Shifts Course with $3.5 Trillion Budget

President's Budget Proposes $989 Billion in New Taxes During Next 10 Years

President Obama's $3.5 trillion budget proposal, the largest in history, presents a dramatic break from policy and a shift in governmental priorities. The administration is attempting to redirect vast sums of money from businesses and wealthier individuals to those with lower incomes and enact ambitious and costly new programs for energy, education and health care.

http://www.abcnews.go.com

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