Obama publishes US budget plan for 2013

13 February 2012 Last updated at 03:05 ET Help

President Obama will project a deficit of $901bn, when he sends his budget for 2013 to Congress.

The document is effectively his wish list for the year ahead, since Congress does not have to act on it.

But as the election approaches, it acts as an outline for Obama's vision of what the government's role in the economy should be, and how US taxes should change.

Michelle Fleury reports from New York.

Read More

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.