The Budget the Next President Will Inherit, in Five Charts

President Barack Obama released his $4 trillion-plus budget in his final year at the White House on Tuesday.
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President Barack Obama released his final budget Tuesday, the primary purpose of which is to lay out his priorities for his remaining year in office. With few major budgeting changes likely in the president’s final year in office, the document also provides a fascinating look at what the next president will inherit.

The next president will take office with spending outpacing revenue, but within ranges that have been typical over the past 50 years. Federal government expenditures today, as a share of Read More

Source:: wsj