The United States congress was sent with the budget of $ 3.38 trillion this Monday. The money would be poured on fighting against unemployment; taxes increase on wealthy people, spending on swath government programs will be avoided. A record breaking of $1.56 trillion was the deficit for this year

The $1.56 trillion topped last year’s unprecedented$1.41 trillion gap. In 2011 the deficit would remain $1.41 trillion. The budget freeze was for three years starting from 2011.The pledged echoed in the union address Obama’s priority was to create jobs. Lot of tax breaks was included to encourage business and hire employees.

A $100 billion jobs budged was also included and government expenses on infrastructure. A speed congressional action will be taken to relieve millions from unemployment. The main advantage of this budget is to help America come out of recession. The aim of Obama’ s budget is also to get control over the runaway budget deficits.