AP Top News at 3:33 p.m. EST

AP Top News at 3:33 p.m. EST

Obama’s $3.8 trillion budget heading to Congress

WASHINGTON — The Obama administration on Sunday endorsed spending an additional $100 billion to attack painfully high unemployment as it prepared to send Congress a $3.8 trillion budget that would provide billions more to pull the country out of the Great Recession while increasing taxes on the wealthy and imposing a spending freeze on many government programs. White House spokesman Robert Gibbs said the administration believed “somewhere in the $100 billion range” would be the appropriate amount for a new jobs measure made up of a business tax credit to encourage hiring, increased infrastructure spending and money from the government’s bailout fund to get banks to increase loans to struggling small businesses.

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