Obama budget would raise taxes on affluent, businesses, boost aid for innovation

By Lori Montgomery

Washington Post Staff Writer
Monday, February 14, 2011; 12:57 PM
President Obama rolled out a $3.7 trillion budget blueprint Monday that would trim or terminate more than 200 federal programs next year and make key investments in education, transportation and research. The plan is aimed at boosting the nation's economy while reducing record budget deficits.

But
Republicans rip into Obama budget proposal


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Obama budget would raise taxes on affluent, businesses, boost aid for innovation