An agency-by-agency guide to Obama's 2014 budget

President Barack Obama has proposed a $3.8 trillion budget for fiscal 2014 that aims to slash the deficit by a net $600 billion over 10 years, raise taxes and trim popular benefit programs, including Social Security and Medicare. The White House claims deficit reductions of $1.8 trillion, but Obama’s proposal would negate more than $1 trillion in automatic spending cuts that started in March. Those cuts average 5 percent for domestic agencies and 8 percent for the Defense Department this year.