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."
Democrats lost no time in attacking the budget plan House Republicans introduced Tuesday. The plan saves money by overhauling Medicare, but Democrats argue it will destroy the program.
One of the Democrats leading the charge is Vice President Joe Biden. Taking on the role of candidate, Biden was in Coconut Creek, Fla., giving the second in what he promises will be a series of campaign speeches challenging the Republicans.
This morning, House Republicans unveiled a new budget plan on Capitol Hill. And like President Obama's budget document last month, the GOP's version is as much a political statement as an actual road map. NPR's Tamara Keith has that story.
TAMARA KEITH, BYLINE: In some ways, this budget is a sequel. This time last year, House Budget Committee Chairman Paul Ryan unveiled a controversial budget document that passed the House with strong GOP support.
The Defense Department is bracing for billions of dollars in budget cuts — and that has defense contractors looking for new markets. Homeland Security is one of the most promising, particularly border security, which hasn't suffered any big cuts. So companies are lining up in hopes of landing a contract.
At a border security trade show in Phoenix, Ariz., there's enough surveillance equipment on the floor of the convention center to spot a federal appropriation from 5 miles away.