Obama sends Congress record $4.1 trillion 2017 spending plan

Copies of the President Barack Obama's fiscal 2017 federal budget are unpacked after being delivered to the House Budget Committee Room on Capitol Hill in Washington, Tuesday, Feb. 9, 2016. President Barack Obama unveils his eighth and final budget, a $4 trillion-plus proposal that’s freighted with liberal policy initiatives and new and familiar tax hikes, sent to a dismissive Republican-controlled Congress. (AP Photo/Andrew Harnik)

WASHINGTON (AP) — President Barack Obama is sending Congress his eighth and final budget, proposing to spend a record $4.1 trillion on a number of initiatives. They include launching a new war on cancer, combating global warming and fighting growing threats from ISIS terrorists.

The new spending plan, for the budget year that begins Oct. 1 — just 3½ months before he leaves office — is facing heavy fire from Republicans who hope to capture the White House. The proposal had dim prospects of winning approval in a Republican-controlled Congress.

In all, Obama’s budget would increase taxes by $2.6 trillion over the coming decade, nearly double the $1.4 trillion in new taxes Obama sought and failed to achieve in last year’s budget.

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