Home / News / President Obama to Release Fiscal 2015 Budget Proposal

President Obama to Release Fiscal 2015 Budget Proposal

budget analysis reviewPresident Barack Obama is set to submit his annual budget proposal to Congress for the fiscal year 2015, The Hill reported Thursday.

Justin Sink writes the president plans to ask Congress to reverse the sequestration cuts in the budget plan.

“If Congress rejects my plan and refuses to undo these arbitrary cuts, it will threaten our economy and our military,” Obama said in a blog article.

Obama also warned that investments in research, education, infrastructure and national security will slide to a 10-year low if Congress rejects the proposal, according to the report.

The budget plan is expected to raise anew the tax on middle-class Americans, Sink reports.

Obama also seeks to fund two years of students’ community college as laid out in his State of the Union address, the report says.

The Hill reports that the plan calls for funding to improve infrastructure, provide sick leave and treat chronic disease as well.

Check Also

USCIS Launching System Modernization, Supply Chain Security Initiatives

The U.S. Citizenship and Immigration Services is working on modernizing its systems and fortifying software security at the supply chain level, Federal Times reported Friday. Adrian Monza, chief of the Department of Homeland Security component's cyber defense branch, told the publication that USCIS is launching “very significant” modernization efforts and that other agencies must be able to defend their networks against threats to financial databases.

Leave a Reply

Your email address will not be published. Required fields are marked *