Here's Why Obama Thinks You Should Care About His New Budget

How the 2015 budget could impact African-Americans.

Here We Go Again - President Obama unveiled on March 5 his 2015 budget that he's calling "a road map for creating jobs, with good wages and expanding opportunities for all Americans." House Budget Committee Chairman Paul Ryan says it's nothing more than a "campaign brochure." As each side prepares for a major budget battle, here are some of the line items of particular interest to African-Americans.  ? Joyce Jones (@BETpolitichick  (Photo: AP Photo/J. Scott Applewhite)

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Here We Go Again - President Obama unveiled on March 5 his 2015 budget that he's calling "a road map for creating jobs, with good wages and expanding opportunities for all Americans." House Budget Committee Chairman Paul Ryan says it's nothing more than a "campaign brochure." As each side prepares for a major budget battle, here are some of the line items of particular interest to African-Americans.  — Joyce Jones (@BETpolitichick (Photo: AP Photo/J. Scott Applewhite)

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Earned Income Tax Credit for Childless Workers - Currently, childless workers and non-custodial parents receive a maximum Earned Income Tax Credit of $500 and is unavailable to workers under age 25. Obama's budget doubles the credit to $1,000 and lowers the age limit to 21. It also increases the upper age limit from 64 to 66. The administration estimates these changes will benefit two million African-American workers. (Photo: Todd Warnock/Getty Images)

Training and Employment Services - The budget proposes $3 billion in formula grants to states and localities to provide training at 2,500 American Job Centers across the nation.   (Photo: John Moore/Getty Images)

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Training and Employment Services - The budget proposes $3 billion in formula grants to states and localities to provide training at 2,500 American Job Centers across the nation.   (Photo: John Moore/Getty Images)

Welfare to Work - The budget calls for $602 million in Temporary Assistance for Needy Families funding to be redirected to a Pathways to Jobs program to support state-subsidized job opportunities for low-income individuals.   (Photo: John Moore/Getty Images)

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Welfare to Work - The budget calls for $602 million in Temporary Assistance for Needy Families funding to be redirected to a Pathways to Jobs program to support state-subsidized job opportunities for low-income individuals. (Photo: John Moore/Getty Images)

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Extend Emergency Unemployment Insurance - The president will call on Congress to pass the bipartisan three-month extension proposed in the Senate, which will help more than 2 million Americans, including the 1.6 million who lost their benefits in December.   (Photo: Joe Raedle/Getty Images)

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Reemployment Services - The budget calls for $158 million for reemployment and eligibility assessments and services to help unemployment insurance beneficiaries return to work. It also calls for $2 billion in mandatory spending for states to adopt Bridge to Work programs, which would enable unemployment insurance recipients to receive a weekly check while participating in a short-term work placement. (Photo: Joe Raedle/Getty Images)

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Minority Serving Institutions and Colleges - The budget proposes $75 million for College Success Grants to reduce costs and student outcomes at minority serving institutions and HBCUs. It also sustains programs like GEAR UP and TRIO, which help prepare disadvantaged students for postsecondary education. (Photo: David McNew/Getty Images)

Affordable Housing - The budget proposes $20 billion for the Housing Choice Voucher program that helps 2.2 million low-income families. It also restores some of the cuts that were made as a result of the mandated across-the-board sequester cuts and provides 40,000 new vouchers.   (Photo: Kevork Djansezian/Getty Images)

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Affordable Housing - The budget proposes $20 billion for the Housing Choice Voucher program that helps 2.2 million low-income families. It also restores some of the cuts that were made as a result of the mandated across-the-board sequester cuts and provides 40,000 new vouchers. (Photo: Kevork Djansezian/Getty Images)

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Preventing Hunger - The budget includes $30 million to support summer electronic benefit pilots to provide nutrition assistance to children during the summer when school meals are unavailable. It also includes $6.8 billion for the WIC program. (Photo: ohn Moore/Getty Images)

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Minority Businesses - The budget calls for $28 million for the Minority Business Development Agency, which provides counseling, training and technical assistance to minority small business owners. (Photo: Blend Images/Ariel Skelley/Getty Images)

Promises - The budget requests $120 billion for HUD's Choice Neighborhoods program and an additional $100 million for the Education Department's Promise Neighborhoods program. It also calls for tax incentives to boost investment in targeted communities.   (Photo: David McNew/Getty Images)

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Promises - The budget requests $120 billion for HUD's Choice Neighborhoods program and an additional $100 million for the Education Department's Promise Neighborhoods program. It also calls for tax incentives to boost investment in targeted communities. (Photo: David McNew/Getty Images)