Obama’s final budget proposal calls for an almost 5 percent spending boost

February 9, 2016 4:37 PM

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Obama’s final budget proposal calls for an almost 5 percent spending boost

President Obama presented the final budget proposal of his presidency Tuesday, a $4.15 trillion package that he is calling “a roadmap to a future that embodies America’s values and aspirations.”

The proposal would boost total spending by 4.9 percent, mainly as a result of increases in mandatory programs, most notably Social Security, and a rise in interest payments on the national debt. The president requested only a slight increase, less than 1 percent, in discretionary spending programs o...

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