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President Obama's budget proposal for the next fiscal year, FY2013, was delivered to Congress on Monday. Obama proposes that millionaires pay a minimum tax rate of 30 percent and projects a budget deficit of $901 billion

President Obama's fiscal year 2013 budget envisions the economy healing steadily after years of hemorrhaging and stagnation — and key government services surviving mostly despite the violence done to the federal ledger

President Obama's 2013 budget, scheduled for release Monday, offers a preview of the November election as both parties angle to refine the vision they hope to sell to voters. Obama's plan and the House Republicans'

By Alister Bull and Laura MacInnis | WASHINGTON (Reuters) – President Barack Obama called on Monday for new spending to boost growth and higher taxes on the rich, laying out an election-year vision for America in a budget that drew heavy fire from

Now, these presidential budgets aren't even worth the paper they are printed on. Obama's first budget projected a $581 billion deficit for this year; we are actually $1.33 trillion in the red. But this budget barely touches Social

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