Obama’s new budget is in. The usual political wrangling is taking place, but there are some undeniable facts about the budget. Taxes are going up (is anyone surprised?), but some of those taxes are “sneaky” ones on senior citizens designed to fund things other than their health. In all, the president’s budget will raise taxes by $1.1 trillion dollars. (That number shouldn’t shock you: President Obama is the first president to ever spend $4 trillion in one year.)




