Military Cuts and Tax Plan Are Central to Budget Proposal - NYTimes.com: "After winding down two wars overseas, Mr. Obama proposed to make good on his often-repeated call to bring troops back and start nation-building at home in symbolic fashion: The budget would use projected military savings — a gimmick, Republicans say — to help pay for a six-year, $476 billion program to modernize the nation’s transportation network.
And Mr. Obama once again proposed to narrow inequality in income and opportunity between high- and lower-income Americans, while also reducing annual deficits, through his proposals to raise $1.5 trillion over 10 years mostly from the wealthy but also from closing some corporate tax breaks, chiefly for oil and gas companies."
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