President Barack Obama's budget blueprint sets an ambitious agenda for spending and taxes over the next decade, proposing big boosts in the federal role in education, health care and energy, while projecting large budget deficits for years to come.
The plan envisions large tax increases and profound policy changes to stem health-care inflation, while reducing the ranks of the uninsured, and to combat global warming and expand education access. One war would end, as combat forces are withdrawn from Iraq, but another would ramp up as many of them are sent to Afghanistan. Foreign aid would nearly double.
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