At least the rhetoric is going in the right direction at this point. Story at MarketWatch here.
A Bloomberg report on Thursday said that the new spending would mean as much as $34 billion each for the national security and domestic sides of Obama’s budget.
The amounts would translate to a nearly 7% increase over discretionary-spending levels required by the automatic cuts known as sequestration, Bloomberg said, citing people familiar with the White House proposal. The budget would total nearly $4 trillion
This is very far from a fait acompli but if it were to go through would be bullish.
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