Obama unveiled his final budget
The Obama administration presented the U.S. budget for next year. In 2017 it will reach four trillion one hundred billion dollars, and it is almost two hundred billion more than this year. a new draft budget was announced by representatives of the Obama administration. In the future, the United States government plans to reduce the budget deficit, and the budget will be incorporated program to reduce by nearly three trillion dollars in the next ten years. The authorities are going to do it by increasing taxes for the wealthiest Americans. However, after studying the draft budget were dissatisfied with the representatives of the Republican Party. According to them, the budget will be adjusted to the enormous costs, not to reduce the U.S. national debt, which is close to $ 19 trillion. Recall that Obama won the presidency in 2009.
His term will end this fall. Earlier, the President said that he was tired of years of work, and would not be a candidate once more. Meanwhile, political analysts say that in recent time, Barack Obama is too soft policy towards many countries, and this is due to the fact that he wants to "quietly see out his term."
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