Budget winners and losers

It should come as no surprise that the biggest losers in the budget plan proposed by President Obama are the wealthy and George Bush. With a significant tax increase designed to take over for those making over $250,000, Obama hopes to pay for his health care plan and lower the national deficit. George Bush is basically attacked with the budget plan because his two main goals were to lower taxes for the elite and increase spending for the Pentagon. Obama lowers the growth rate of spending for the Pentagon. The biggest winners are those without health care and environmentalists who will now see some of their issues brought to the forefront of debate. Clean energy programs are being given more incentives, while oil companies that cause a dependency on foreign nations will be hard hit.