To the Point
The Federal Budget: What's Important and What's Not?
The federal budget is all about priorities, and President Obama says economic inequality is the defining issue for America's next generation. He wants to escalate the War on Poverty by closing tax loopholes. Republicans call that a tax increase that makes poverty worse and rewards refusal to work.
By Warren Olney • • 1 min readThe federal budget is all about priorities, and President Obama says economic inequality is the defining issue for America's next generation. He wants to escalate the War on Poverty by closing tax loopholes. Republicans call that a tax increase that makes poverty worse and rewards refusal to work. Beyond that, the budget's a chance to debate everything from Pentagon spending to how much to pay for the habitats of honeybees. As arguments over the 2015 budget sets the stage for this year's elections, will the parties manage to unify or reveal their internal divisions?
