Since early January, the administration has been leaking out, piece-by-piece, some major requests that will be wrapped into the budget. (Click to continue)
President Obama on Monday will pitch his second-to-last budget blueprint to Congress. Since early January, the administration has been leaking out, piece-by-piece, some major requests that will be wrapped into the budget. The costings will cover the 2016 fiscal year, which begins in October.
The president’s ideas will include offering two years of free community college, expanding tax credits for childcare and spouses who work, and funding to help Central America following last year’s border crisis. To cover those expenditures, Obama will propose $320 billion in tax hikes over the next decade.
Below are five things to watch. Continue reading…