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Old 08-07-2011, 08:16 AM   #1
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Default jordans air Obama drying budget emphasizes investm

Barack Obama announced a total of 14 up to $ 3.73 trillion in fiscal year 2012 federal budget.
new budget on the one hand trying to cut unnecessary government spending and increase some taxes to reduce the deficit, the other to focus on investment in education, technology,mbt womens shoes sale, transport and new energy to enhance U.S. competitiveness force on the future of industry.
unrealistic congressional Republicans criticized Obama and called on the basis of substantial reduction in the existing budget deficit. Obama's new budget is passed in Congress in order to inevitable uphill
3.73 trillion budget deficit of 1.1 trillion

Obama 14 in Parkville, Maryland School Technology Center, said his speech, just sent to Congress the 2012 budget deliberations involving Some tough choices,buy cheap ed hardy, including cutting some of his very concerned about government plans,jordans air, but vital to the future government of national plans must be retained.
according to Obama's estimate, the size of fiscal year 2012 federal budget of 3.73 trillion U.S. dollars, the budget deficit by 2011, $ 1.6 trillion to 1.1 trillion.
issue because Obama tax cuts last year reached a compromise with Republicans, so the 2011 fiscal year budget deficit is expected to be up to 1.65 trillion, or about U.S. gross domestic product of 10.8%, the highest The federal government budget deficit since World War II record, but also the fourth consecutive year the federal government budget deficit exceed $ 1 trillion.
the White House Office of Management and Budget, said James Blue, the growth rate of government spending has been more than a decade of inflation. This situation is not sustainable.
cut project costs to reduce the government deficit disarmament

to achieve the goal of reducing the deficit, Obama plans to reduce or cancel the 2012 fiscal year more than 200 federal government programs, thus saving 330 billion dollars in spending. In addition, oil and coal companies for many years to enjoy tax breaks and low-income families to obtain government subsidies are going to be laid off.
At the same time, the Obama administration is expected, as the U.S. military withdrawal from Afghanistan implementation of the plan, by 2012 the cost for overseas operations will be significantly reduced. In addition, the U.S. economy gradually improves, increase government revenue will also help balance the budget deficit.
medium and long term, the White House in the next 10 years to cut over $ 1 trillion budget deficit, including five years by freezing and eliminating unnecessary government programs to save $ 400 billion in spending, and improve financial institutions in the two years after the abolition of income tax and annual income of more than $ 250,000 of tax incentives and other American families. The White House had the Federal Government has announced it will freeze employee wages, the Defense Department has submitted to Congress in the next five years to cut $ 78 billion military spending reports.
a Democratic and Republican members of the Special Presidential Commission even suggested that, in order to achieve substantial reductions in government budget and national debt targets, and even medical care, social insurance and welfare programs are not immune.
increased education, research and development, energy, infrastructure and expenses

But Obama also stressed that although the United States need to take concrete action to implement fiscal discipline, but must still ensure that education is related to areas of the country's future investments.
Obama said that although the Government must live within its means, with members of both parties are determined to work together to reduce costs, and a comprehensive review of a series of budget problems,
the White House's Budget proposal to increase education, research and development, energy and transportation infrastructure funding, including $ 18 billion spent nationwide coverage for the construction of new high-speed Internet and the estimated $ 8 million to build high-speed railway network.
Obama Reaffirms in particular the importance of investment in education. New budget proposal in the next five years invested $ 400 billion for the training of all math and science teachers, and in the country's universities and primary and secondary schools employ 10,000 teachers in physics and chemistry, so as to enhance the level of science education students in the United States, the United States The long-term competitiveness improvement.
Obama in the January 20 State of the Union speech in 2015 proposed to increase one million electric cars by 2035 will increase the proportion of clean energy policy objectives 1 times. Fiscal year 2012 budget also made a special financial arrangements with the corresponding.
Republicans: Budget is project made a sacrifice, but hold high the banner of the Republican debt relief are still not satisfied.
some Republicans think it's very Duoaobama that is related to the country's future and competitiveness of the investment is unnecessary.
Senate Republican leader Mitch McConnell said yesterday that Obama's Budget is to learn. He accused Obama sought to be
McConnell warned that the federal government's proposal will likely force the U.S. to China and other creditor countries to borrow more money. He said, for those who do not need the United States can not afford something or borrow money, not American values.
of. He asked Obama to cut, such as social security approved by insurance and medical insurance and other social welfare programs.
House Speaker John Boehner issued a statement, said the White House's budget is still overspending, excessive debt, excessive taxation. He said that while continuing to spend money freely, while increasing American families and small business taxes, this will only hinder the economic recovery and job creation.
Obama: billion budget, including reductions in spending by all government departments.
U.S. Secretary of State Hillary Clinton responded by saying that Republicans in Congress proposed to the State the current fiscal year budget cuts, would have a devastating impact. According to Obama's budget plan, the State Department budget for fiscal year 2012 is almost no increase, but the end or cut of nearly 30 nations.
her special emphasis on maintaining funding for Iraq and Afghanistan, the importance of aid - with the withdrawal of U.S. troops, the U.S. State Department's role in these areas will be further enhanced.
worth noting that the State Department's budget request to continue the Middle East, the United States 'allies' military assistance. And despite the political unrest in Egypt, will also receive $ 1.3 billion in aid. In addition, Jordan and Yemen will also continue to receive assistance.
Obama's speech on the 14th day of the admitted:
Analysts here generally believe that in the next period of time, the White House and Congress will start between the two parties in a difficult and complex contest. Newspaper reporter in the United States Ju-hui
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