Obama 2015 budget focuses on boosting economy

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Obama 2015 budget focuses on boosting economy

Obama 2015 budget focuses on boosting economy

(Washington) – President Barack Obama sent Congress a $3.9 trillion budget that would funnel money into road building, education and other economy-bolstering programs, handing Democrats a playbook for their election-year themes of creating jobs and narrowing the income gap between rich and poor.
With an eye in part on job creation, $302 billion would be spent to upgrade roads, railroads and mass transit, with more money aimed at improvements at Veterans Affairs hospitals and national parks. Additional funds would be aimed at clean energy research, creating 45 public-private manufacturing institutes for spurring innovation and training workers whose companies have closed or moved.
To help pay for those initiatives and others and trim federal deficits as well, Obama relies in part on higher revenue.

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