President Barack Obama’s budget takes new steps toward overhauling the business tax system, even as it also proposes hundreds of billions of dollars in new taxes on the wealthy and businesses to offset federal spending and trim deficits. Photo: Getty Images.
First lady Michelle Obama ate lunch with local students and star athletes Michael Phelps, Nastia Liukin and Justin Tuck at a D.C. Subway Thursday. At the event Obama announced that the restaurant chain will be joining the Partnership for a Healthier America (PHA) for its largest marketing campaign to promote healthier choices to children.