President Obama unveiled a $3.8 trillion spending plan on Monday for 2013 and a 10-year vision that seeks to cut $4 trillion from the overall deficit, but does little to restrain growth in the U.S. government's huge entitlement programs and adds $6.6 trillion in deficits over 10 years. In his 10-year projection, the annual deficit falls…

President Barack Obama feels he has struck just the right budget balance between providing more short-term support for the economy while putting forth a long-term plan to get control of the government's soaring budget deficits. Republicans vehemently disagree, attacking his 2013 budget as a replay of the failed economic policies they say have resulted in an…