Obama budget: Spending cuts, higher smokers’ taxes
WASHINGTON (AP) — Mixing modest curbs on spending with tax increases reviled by Republicans, President Barack Obama proposed a $3.8 trillion budget on Wednesday that would raise taxes on smokers and wealthy Americans and trim Social Security benefits for millions.
http://news.yahoo.com/obama-budget-spending-cuts-higher-smokers-taxes-203935266–finance.html
Obama budget makes cybersecurity a growing U.S. priority
By Andy Sullivan WASHINGTON (Reuters) – President Barack Obama proposed on Wednesday increased spending to protect U.S. computer networks from Internet-based attacks in a sign that the government aims to put more resources into the emerging global cyber arms race. Obama’s budget proposal for the 2014 fiscal year, which begins October 1, calls for more military “hackers” to head off escalating cyber threats from China, Iran, Russia and other countries. It would also bolster defenses for government and private-sector computer networks. …
http://news.yahoo.com/obama-budget-makes-cybersecurity-growing-u-priority-200944468.html
White House projecting slow economic gains ahead
President Barack Obama’s new federal government budget outline depicts a still-fragile economy continuing its slow but steady recovery from the deep 2007-2009 recession.
http://news.yahoo.com/white-house-projecting-slow-economic-gains-ahead-190445554–finance.html