Obama unveils budget to Congress
Updated on 01 February 2010
President Barack Obama has unveiled his new budget, a plan that forecasts the government spending a record 1.66 trillion dollars more than it takes in through taxes.
Mr Obama blamed the huge deficit on the decisions of President George Bush, previous Congresses and his administration's steps to prevent an economic collapse.
The president said in normal circumstances he would have worked to pay down the yearly deficit immediately, but costly steps were need to help an economy in free fall.
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