Obama releases budget with deficit at all-time high

The World

President Obama is sending a $3.8 trillion budget to Congress today. The new budget predicts an average deficit over the next decade of 4.5 percent of the size of the economy.

Takeaway Washington correspondent Todd Zwillich says the budget is a direct political challege by the president to an unpopular Congress.

Will you support The World with a monthly donation?

Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.

Make a gift today, and you’ll help us unlock a matching gift of $67,000!