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Some highlights of Obama's 2016 spending plan
AZ Central: Highlights of proposals in the $4 trillion budget for 2016 that President Barack Obama sent to Congress on Monday:
-Spending of $4.0 trillion and receipts of $3.5 trillion would combine for a $474 trillion deficit. For the budget year that ended Sept. 30, the actual deficit was $483 billion. That was a marked improvement from the $1 trillion-plus deficits during Obama's first years in office, when the country was struggling to emerge from a deep recession.
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