Daily Israel Report
15:33
Reported

News Brief

  3/12/2013, Nisan 1, 5773

Lawmakers to Unveil Rival Budgets Amid Obama Charm Bid


President Barack Obama's Democrats will unveil their first budget in four years this week in the US Senate as House Republicans put forward their own blueprint, but the two are unlikely to be reconciled. Congress, aiming to ultimately craft a broad plan that can help reduce the swollen $16 trillion national debt, appears to be embracing its traditional role of setting forth federal spending requirements, AFP reported. And Obama, in his apparent eagerness to cut a long-term deal this year, heads to Capitol Hill three days in a row this week to draw lawmakers closer to agreement.