The budget for the year 2015 has been announced by the US government but do you really understand where all your tax money is going or is being used for?
The budget for the year 2015 will actually be run from the beginning of October, 2014 till September 2015. And for starters, the actual amount that President Obama has proposed for the budget for the year is actually around $3.9 trillion.
Most have described his proposal as being populist wish list since it emphasizes on spending money on pre-school education as well as tax credit for childless worker. But it remains to be seen what actually comes out of it all since it was seen more as a political statement to highlight on the policy proposals by the Parliament.