Budget Battle Brewing On Capitol Hill

President Obama submits his annual budget proposal to Congress Monday. The debate already has started with Republicans over how to deal with the nation's huge deficit.

Copyright © 2011 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

STEVE INSKEEP, host:

The beginning of the budget battle is at the top of NPR's business news.

(Soundbite of music)

INSKEEP: President Obama presented his annual budget proposal to Congress today. The debate has already been raging but today is the formal kick-off.

The president unveiled his budget plan at a school in Baltimore to underscore his desire for more investment in some areas like education. At the same time, the president is proposing some budget cuts. The administration says this budget would save more than $1 trillion over a decade.

Copyright © 2011 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: