ANNANDALE, Va. (AP) — President Barack Obama called on Congress Monday to create an $8 billion fund to train community college students for high-growth industries, part of his broader pitch to make higher education more affordable for all Americans.
The fund was part of Obama's proposed budget for 2013. The overall package aims to achieve $4 trillion in deficit reduction over the next decade by restraining government spending and raising taxes on the wealthy, while boosting spending in some areas, including education.
Obama warned Congress that blocking investments in education and other proposals in his budget would be standing in the way of "America's comeback."
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