Finance

Obama calls budget 'roadmap for creating jobs'

WASHINGTON (AP) — President Barack Obama is pitching his budget proposal as "a roadmap for creating jobs."

Obama announced his $3.9 trillion fiscal 2015 budget Tuesday that would boost taxes on the wealthy and expand tax credits for workers. He said the budget reflects a choice for Americans — whether to protect tax breaks for wealthy Americans or grow the economy. Republicans say the proposal spends too much on government programs.

Obama made his remarks at a Washington elementary school that provides full-day preschool for children starting at 3 years old. It's an example of the type of universal preschool that he's proposing but has not been embraced by Republicans in Congress.

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