Obama unveils 2012 budget plan

President Barack Obama unveiled his 2012 budget plan today and officials say to be prepared for big cuts in funding from the federal government.Obama is

WOODBURY - President Barack Obama unveiled his 2012 budget plan today and officials say to be prepared for big cuts in funding from the federal government.

Obama is proposing a $3.7 trillion budget, which includes major spending cuts to government assistance programs, such as the Home Energy Assistance Program (HEAP).

More than 42,000 Long Island residents depend on HEAP to keep their homes warm. Many say with cuts to that program, it will be difficult to get by. Gwen O'Shea, president of the Health and Welfare Council of Long Island, says the president's cuts could impact affordable housing as well.

The new budget proposal also includes tax increases and will allow Bush-era tax cuts to expire for individuals making $200,000 a year or couples making more than $250,000 a year.

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