The plan, released Thursday, shows Obama's budget plan for 2010. It includes tax hikes on the rich, billions for dying financial companies, and health care. Obama has said this budget could increase to $3.94 trillion, growing the deficit to $1.75 trillion.
Republicans are calling the spending out of line; Minority Leader Mitch McConnel said, "while the American people are tightening their belts, Washington seems to be taking its belt off." This budget also extends the Bush tax cuts for the middle class.
John Boehner, in a statement, said: "This budget makes clear that the era of big government is back, and Democrats want you to pay for it." The increase in spending would push the deficit to unseen numbers since WWII, and 4 times higher than last year.