Obama Proposes Cutting Tax Breaks for Itemized Deductions
Some worry move would hurt charities
President Barack Obama has made several bold proposals in his budget plans. His biggest project is a plan to put $634 billion toward health care reform. It’s a spendy project, and it’s Obama’s job to figure out how to fund it.
Among his budget proposals, he has [...]
Obama Reveals Budget Proposals
More money slated for struggling banks
President Barack Obama unveiled his budget plans for 2009 and 2010 today. Some of the big items for this year include $410 billion for federal programs and dedicating $250 billion to bailing out banks. This is in addition to the $700 billion TARP fund.
Big budgets
The [...]
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