Renewing his push against "trickle-down economics" that he says has failed the nation in the past, President Obama just said the Republican budget plan passed by the House last week is so conservative and so focused on cutting taxes for the rich that it makes the GOP's mid-1990s Contract With America "look like the New Deal."
"The 228-191 vote gives the embattled GOP leadership what it most wanted: a show of party unity behind a bold election-year vision that includes new private options for Medicare and a simplified tax code.
The 2013 budget proposed by President Obama includes many cuts made to conform with new spending limits. But several arts and cultural institutions saw their allotment rise by about 5 percent in the proposed plan. The proposed spending of $1.576 billion — in a budget of $3.8 trillion — includes some good news for the Smithsonian Institution and the National Endowments for the Arts.
For the Newscast desk, Elizabeth Blair filed this report: