Shaun Donovan, the White House’s director of the Office of Management and Budget, talks to Gwen Ifill about whether President Obama’s budget proposal can find a political middle ground, especially when Democrats say “invest” and Republicans hear “spend.”…

Feb 02

President Obama sends Congress record $4 trillion budget plan

WASHINGTON — President Barack Obama sent Congress a record $4 trillion budget Monday that would boost taxes on higher-income Americans and corporations, pushing past tight federal spending caps to fund an ambitious public works program and provide middle-class tax relief.

Jan 29

WASHINGTON — President Barack Obama will seek to bust through spending limits for both domestic and defense programs, the White House said Thursday, negating the effects of across-the-board cuts agreed to by both Democrats and Republicans and signed by Obama…