KQED Nightly Business Report February 14, 2012
"nightly business report" is made possible by: captioning sponsored by wpbt >> susie: good evening, everyone. president obama unveiled his 2013 budget today and, for the first time, projects the deficit dropping below $1 trillion. but tom, the budget is far short of the president's promise to cut the deficit in half by the end of his first term. >> tom: there are a few other firsts in the president's budget, susie. among the highlights of the $3.8 trillion plan? the top tax rate on dividends would jump to 40% for upper- income taxpayers. americans making more than $250,000 a year wou...