Obama Budget Boosts Spending On Jobs, Education

The $3.8 trillion budget includes $100 billion earmarked for job creation as the nation emerges from the worst recession in decades, but it would allow tax cuts for Americans earning more than $250,000 a year to expire — a provision sure to raise the ire of congressional Republicans.

"We won't be able to bring down this deficit overnight," Obama said. "We have to continue to do what we can to create jobs." - Obama Budget Boosts Spending On Jobs, Education

Budget Analysis: Issue By Issue