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Obama to seek to bust spending limits by $74 billion
Boston Herald: WASHINGTON — President Barack Obama will ask Congress to boost government spending by roughly 7 percent above current limits, the White House said Thursday, setting up a certain clash with Republicans who insist that federal spending must be held in check.
Obama's budget, to be formally released Monday, will call for $74 billion more than the levels frozen in place by across-the-board cuts agreed to by both Democrats and Republicans and signed by Obama into law. The White House said his new budget proposals will "fully reverse" the so-called sequestration on the domestic side, while raising military spending.
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