{"id":3655,"date":"2010-02-01T13:44:51","date_gmt":"2010-02-01T11:44:51","guid":{"rendered":"http:\/\/www.nationalturk.com\/en\/?p=3655"},"modified":"2010-02-01T13:44:51","modified_gmt":"2010-02-01T11:44:51","slug":"obama-unveils-3-83t-budget-with-massive-deficits","status":"publish","type":"post","link":"https:\/\/www.nationalturk.com\/en\/obama-unveils-3-83t-budget-with-massive-deficits\/","title":{"rendered":"Obama unveils $3.83T budget with massive deficits"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2010\/02\/barack-obama.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-3656\" title=\"Barack Obama \" src=\"http:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2010\/02\/barack-obama-280x210.jpg\" alt=\"Barack Obama \" width=\"280\" height=\"210\" srcset=\"https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2010\/02\/barack-obama-280x210.jpg 280w, https:\/\/www.nationalturk.com\/en\/wp-content\/uploads\/2010\/02\/barack-obama.jpg 400w\" sizes=\"auto, (max-width: 280px) 100vw, 280px\" \/><\/a>President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs.<\/strong><\/p>\n<p>The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year&#8217;s then unprecedented $1.41 trillion gap.<\/p>\n<p>The deficit would remain above $1 trillion in 2011 although the president proposed to institute a three-year budget freeze on a variety of programs outside of the military and homeland security as well as increasing taxes on energy producers and families making more than $250,000.<\/p>\n<p>Echoing the pledge in his State of the Union address to make job creation his top priority, Obama put forward a budget that included a $100 billion jobs measure that would provide tax breaks to encourage businesses to boost hiring as well as increased government spending on infrastructureand energy projects.<\/p>\n<p>He called for fast congressional action to speed relief to millions left unemployed in the worst recession since the 1930s.<\/p>\n<span style=\"font-weight: bold; color: #f00;\">Error, group does not exist! Check your syntax! (ID: 13)<\/span>\n","protected":false},"excerpt":{"rendered":"<p>Obama unveils $3.83T budget with massive deficits<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25,80,51,118],"tags":[629,542,1136,552],"class_list":["post-3655","post","type-post","status-publish","format-standard","hentry","category-america","category-breaking-news","category-economy","category-hot","tag-barack-obama","tag-obama","tag-president-obama","tag-us-president-barack-obama"],"_links":{"self":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/3655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/comments?post=3655"}],"version-history":[{"count":0,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/posts\/3655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/media?parent=3655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/categories?post=3655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalturk.com\/en\/wp-json\/wp\/v2\/tags?post=3655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}