STEVE INSKEEP, host: The beginning of the budget battle is at the top of NPR's business news.</s>STEVE INSKEEP, host: President Obama presented his annual budget proposal to Congress today. The debate has already been raging but today is the formal kick-off.</s>STEVE INSKEEP, host: The president unveiled his budget plan at a school in Baltimore to underscore his desire for more investment in some areas like education. At the same time, the president is proposing some budget cuts. The administration says this budget would save more than $1 trillion over a decade.
President Obama submits his annual budget proposal to Congress Monday. The debate already has started with Republicans over how to deal with the nation's huge deficit.