Obama To Release 2016 Budget On February 2

WASHINGTON (AP) -- The White House says President Barack Obama plans to release his budget for the 2016 fiscal year on Feb. 2. Obama has often blown budget deadlines in the past, but the budget release scheduled for next month would be on time. Much of Obama's budget -- especially its annual call for tax increases -- will be ignored by the GOP-controlled Congress. Its release will mark the beginning of a face-off with Republicans over taxes and spending. Republicans say they will attempt to use ...