Page 27 - 320 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bridges and transportation projects. republicans are angry about the tax increases, up to $2 trillion including 320 billion in new taxes on corporations and the wealthiest americans. the obama administration wants to put that money toward expanded tax cuts for the middle class. the president's budget will end the sequester cuts put in place back in 2011. >> i want to work with congress to replace mindless austerity with smart investments that strengthen america. >> reporter: president obama's budget is really an opening gesture. now congress will go through a lengthy negotiation process for se...

2.95 million jobs were added last year. the best year since 1999. americans are noticing. just three months ago, only 27% of the economy was excellent or good. now that number is up to 41% the highest level of the obama presidency. the white house released this video of the president previewing his speech. >> now that we have fought our way through the crisis, how do we make sure that everybody in this country, how do we make sure they are sharing in this growing economy? >> reporter: the president's policy message is aimed squarely at the nation's middle class. a proposal for $175 billion in ...

Zeleny. >> reporter: when president obama comes to capitol hill on tuesday night, he will deliver a message aimed at lifting the middle class. he is proposing free community college for students who qualify, a tax credit for $500 for families where both parents work and expanding child care tax credits up to $3,000 a child. how will he pay for all of this? some $320 billion in new taxes for some of the wealthiest americans, raising the capital gains tax to 28% and imposing new fines on the biggest financial institutions and banks. the reality check here on capitol hill is that republicans cont...

$320 billion cut over 10 years instead. this would result in more than working americans can spend and less than our government can waste. >> you mean that would be less money going to washington? how would that help the people writing the laws and the president? i don't think that's going to happen. >> keep your comments coming. >> go to our facebook page. >> on to the rest of your headlines making news on this sunday. fox news alert now, overnight terror suspects arrested in greece part of a massive crack down in europe in the wake of the terror attacks. they're not linked to a raid conducte...

Along north carolina to just the edge of virginia, we're calculated 1.1 million people immediately living in this area. if you look back to hurricane irene in 2011, they had 65 mile onpeople considered to be overall involved because that's when you count everything up in new england. the reason the white house is watching, the reason so many of these business people and these government leaders are watching comes down to this. i'll bring you over to this map. when you talk about the coastal areas of this country, we have moved so much into coastal areas on the gulf coast web the west coast, th...