“I still don’t see a sense of urgency from the president about the massive federal debt,” said Sen. Lamar Alexander, Tennessee Republican. “His budget calls for too much government borrowing – even though the debt is already at a level that makes it harder to create private-sector jobs.”
2011: the president requested $3.83 trillion.
2010: the president requested $3.55 trillion.
Sources: Wikipedia. These were the requests; the final budgets would have been much different.
In the energy area, the budget would support Obama's goal of putting 1 million coal-powered vehicles on the road by 2015 and doubling the nation's share of electricity from clean energy sources by 2035.
Obama's budget would raise $46 billion over 10 years by eliminating various tax breaks to oil, gas and coal companies.
No comments:
Post a Comment