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Obama to release 2014 budget proposal on April 10
Thursday - 3/28/2013, 5:21pm EDT
The Associated Press
WASHINGTON (AP) -- The White House says President Barack Obama will release his federal budget outline on April 10 -- two months late.
Under the law, the president was supposed to submit a budget on Feb. 4. But White House aides said deliberations over spending in the past few months delayed the release of Obama's blueprint.
The Senate budget embraces nearly $1 trillion in tax increases over the coming decade and shelters the domestic programs House Republicans want to cut. The GOP version would balance the budget over the next decade without raising taxes.
When it comes to the federal workforce, the competing congressional budget plans differ greatly in tone and substance. The House version says federal workers are overpaid and unfairly benefit from a too-generous retirement package. The Senate version says federal employees have "borne the brunt" of recent spending reductions through a pay freeze and the threat of furloughs.
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