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The Chronicle Telegram in Elyria, Ohio

10 Feb 2016

Page 15

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 10, 2016

Page

15

Obama unveils final budget plan with large deficits

President Obama released a $4.15 trillion fiscal 2017 budget calling it a roadmap to American values. It boosts spending mainly via Social Security and debt interest, with a 35 percent rise in cybersecurity funding and tax reform measures while predicting deficits near 503 billion in 2017 and steady debt growth over a decade.

MENTIONED IN THIS ARTICLE

Washington Barack Obama America Obama Congress House Paul Ryan R-Wis White House Shaun Donovan Pentagon FBI Department of Veteran Affairs Office of Personnel Management Target Sony OPM Ryan Donovan Senate Budget Committee Mike Enzi R-Wyo U.S David Perdue R-Ga Iraq Syria Africa Libya Flint Mich
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Obama budget snapshot shows varied rises and cuts across agencies

The budget outlines increases for the Agriculture Department to fund summer meals, the International Trade Administration, and the Pentagon with focus on Europe and counterterrorism, while some programs like NASA and high-speed rail face reductions. Total spending nears $1.8 trillion with substantial mandatory and discretionary elements and approvals required for many line items.

MENTIONED IN THIS ARTICLE

Congress
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