WASHINGTON (AP) — President Barack Obama tried to have it both ways Tuesday with an election-year budget that paid faint lip service to reducing federal deficits, then piled on about $1 trillion in tax increases and hundreds of billions in higher spending designed to appeal to economically squeezed voters rather than congressional foes of red ink.

Few, if any, of the president’s proposals are likely to be enacted into law before next fall’s elections. But that’s not the point.

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