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Obama previews budget in weekly address

Saturday, January 31, 2015 - 01:59

President Obama says he will send a budget to Congress this week that will outline middle class priorities. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) President Obama says he will send a budget to Congress this week that will focus on helping the middle class. The administration plans to unveil the fiscal 2016 budget on Monday. In his weekly address, Obama says the budget will propose raising taxes on the wealthy to cover tax credits and educational programs for the middle class. "We'll help working families' paychecks go farther by treating things like paid leave and child care like the economic priorities that they are. We'll offer Americans of every age the chance to upgrade their skills so they can earn higher wages, with plans like making two years of community college free for every responsible student," said Obama. The budget also calls for a a 7 percent rise in U.S. domestic and military spending that would end caps known as "sequestration." "I know that there are Republicans in Congress who disagree with my approach. And like I said in my State of the Union Address, if they have ideas that will help middle-class families feel some economic security, I'm all in to work with them," Obama said.

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Obama previews budget in weekly address

Saturday, January 31, 2015 - 01:59