Budget Bargaining

Many of us are watching the next move in the political game of financial chess. Today, President Obama will submit his long-awaited budget proposal. Keeping focus on deficit reduction in the face of a slowly recovering economy and unemployment figures that hover in the upper end of the 7 percent level, the┬ápresident’s proposal includes $1.8 trillion in deficit reduction over the next decade, which is expected to bring in total deficit savings to $4.3 trillion.… [Read more]