Obama’s near-$4T budget set for Congress


ASSOCIATED PRESS: The plan calls for tax hikes on the rich and big businesses.

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ASSOCIATED PRESS: The plan calls for tax hikes on the rich and big businesses.

The administration said the budget represented a strategy to strengthen the middle class and help “hard-working families get ahead in a time of relentless economic and technological change.”

“This country’s better off than it was four years ago, but what we also know is that wages and incomes for middle class families are just now ticking up,” Obama said in an interview broadcast on Monday’s “Today Show” on NBC. “They haven’t been keeping pace over the last 30 years compared to, you know, corporate profits and what’s happening to folks in the very top.”

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