President Obama is preparing to send a more than $3 trillion budget plan to Congress today. The budget will seek further tax increases on wealthy Americans to fund a ten-year, $634 billion proposal to expand healthcare for the uninsured. The plan would reduce the value of itemized tax deductions for Americans in the top tax bracket. The total amounts to half the estimated cost of bringing healthcare to every American. The other half would come through projected savings through cuts to Medicare programs. Obama’s budget will also include a plan to collect billions of dollars in revenue from firms paying for emitting greenhouse gases.