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President Obama’s 2015 budget will be upping spending by another $74 billion.
President Barack Obama’s 2016 budget proposal includes $74 billion in discretionary spending above the levels permitted by sequestration, a White House official said Thursday.
The increase amounts to a 7 percent increase over sequestration levels. The budget includes $530 billion in non-defense discretionary spending, an increase of $37 billion over the limits, the official said.
Listen in for Herman Cain’s commentary.