The Traderszone Network

Published in TZ Latest News 9 February, 2016 by The TZ Newswire Staff

Obama to lay out 2017 spending priorities in final White House budget

U.S. President Barack Obama unveils his final White House budget on Tuesday with a blueprint for fiscal year 2017 that will lay out his spending proposals for priorities from fighting Islamic State to providing for the poor. The budget for the fiscal year beginning on Oct. 1 is largely a political document and is unlikely to be passed by the Republican-controlled Congress. “That document … will be President Obama’s final vision of how he lays out the fiscal future for the country,” said Joel Friedman, vice president for federal fiscal policy at the Center on Budget and Policy Priorities.