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Obama's final budget proposal calls for 5% spending boost

US$4.15t package will mark closing rounds of lengthy fiscal battle with Republicans in Congress

Published Wed, Feb 10, 2016 · 09:50 PM

Washington

US President Barack Obama sent the final budget proposal of his presidency to Congress on Tuesday, a US$4.15 trillion package that will mark the closing rounds of a long-running fiscal battle with Republicans in Congress over the nation's spending priorities.

The proposal would b…

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International

International

Obama's final budget proposal calls for 5% spending boost

International

US Senate has agreement on Fisa reauthorisation, will vote on Friday night, Schumer says

US expects to finalise new Aukus trade exemptions in next 120 days

IMF concerned about debt, fiscal challenges facing low-income countries

Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising

Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill

Fed survey cites inflation, US election as key financial stability risks

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