Obama to spend and squeeze in budget

US President Barack Obama will unveil a $3.8 trillion (€2.7 trillion) budget today that will increase spending in the fight against unemployment, boost taxes on the wealthy and freeze spending for government programmes.

Obama to spend and squeeze in budget

US President Barack Obama will unveil a $3.8 trillion (€2.7 trillion) budget today that will increase spending in the fight against unemployment, boost taxes on the wealthy and freeze spending for government programmes.

Among the casualties is expected to be NASA’s cherished new project to build a space station on the moon.

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