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Obama's election-year budget to target rich
WASHINGTON (Reuters) - President Barack Obama will propose an election-year budget on Monday that raises taxes on millionaires and seeks billions of dollars for job-creating infrastructure projects, drawing a populist battle line with his Republican opponents.
Obama's fiscal 2013 budget proposal to Congress will defer significant cuts in the deficit until the economy is securely back on track, a priority as he seeks re-election in November, while outlining measures to shrink that funding gap over time.
More at http://www.chicagotribune.com/news/politics/sns-rt-us-usa-budgettre8191mj-20120210,0,7371077.story
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