WASHINGTON (TIP): US President Barack Obama‘s fiscal 2016 budget proposes a roughly 7% increase in spending over mandatory levels set in spending caps known as “sequestration,” a White House official said on January 29.
The budget proposes $530 billion in non-defense discretionary spending, which is $37 billion above the caps, and $561 billion in defense outlays, which is $38 billion above the limits, the official said.
WASHINGTON (TIP): Backing India‘s concerns over the slow pace of progress in the 26/11 case in Pakistan, US President Barack Obama, October 24, asked the visiting Pakistan Prime Minister Nawaz Sharif why the trial of […]
WELLINGTON (TIP): The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations on Thursday in New Zealand, but the massive trade pact will still require years of tough […]
© The Indian Panorama
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