President Obama is set to send his 2016 budget proposal to the newly Republican-led Congress as early as Monday, and news of what’s in it has already begun to emerge–namely, plans for spending increases.
While small businesses could expect a slight economic boost from more government spending, experts say, the budget debate is likely to be weighed down by intense partisan rancor that may offset any potential gain. Among other events, there’s a threat of more skirmishes over the debt ceiling and another government shutdown.
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