GUEST: Lindsay Koshgarian, Research Director with National Priorities Project.
President Obama yesterday unveiled a budget proposal to Congress, calling for an end to spending caps on both domestic and military expenses. Those cuts were the result of months of political battles in 2013 and known as “sequestration.” President Obama has included funding for a host of programs in his 2016 fiscal budget that Republicans consider anathema.
His proposal sets up the next major political battle between the President and Republicans, who now control both Houses of Congress. Mr. Obama laid out the policies reflected in this budget in his recent State of the Union Address.
In an op-ed he wrote yesterday in the Huffington Post, the President said, “My Budget will fully reverse the sequestration cuts for domestic priorities in 2016. It will match those investments with equal dollar increases for defense funding. If Congress rejects my plan and refuses to undo these arbitrary cuts, it will threaten our economy and our military. Investments in key areas will fall to their lowest level in ten years, adjusted for inflation, putting American research, education, infrastructure, and national security at risk. But if Congress joins me, we can make sure that ending sequestration is fully paid for by cutting inefficient spending and closing tax loopholes.”
For more information, visit www.nationalpriorities.org.