The U.S. has been dependent on foreign oil for its energy needs for decades. Some analysts now say the country could become energy independent over the next decade. Still, exactly what “energy independence” means is in dispute.
President Obama laid out his proposed federal budget for 2013 at a community college in Virginia on Monday. The $ 3.8 trillion plan calls for new government spending, including stimulus-style spending on roads. It also seeks to achieve $4 trillion in deficit reduction over the next decade