Sylvia Burwell on Friday said she sees an opening to negotiate a spending increase.
His speech defended GOP leaders' decisionmaking rather than trying to grow Tea Party appeal.
Senate Republicans questioned the level of the Obama administration’s tax hikes proposed in its fiscal 2015 budget, arguing that they could sap energy from economic growth.
Sen. Rob Portman (R-Ohio) expressed concern that the "steep tax increases" on investment income could weigh down economic growth and negate the benefit of $71 billion in additional revenue.
Sylvia Burwell defended Obama's $3.9 trillion budget plan on Capitol Hill.
New Senate Finance Committee Chairman Ron Wyden (D-Ore.) said his panel is looking down many economic avenues to convince Russia to step back from its move into Crimea.
In his first hearing as the head of the committee, Wyden said his committee is "now looking at every possible economic lever to pressure Russia to step back from its unprovoked incursion into Crimea."
Here’s who won and lost in the president’s $3.9 trillion budget proposal.
Deficit reduction takes a back seat to jobs initiatives in the election-year blueprint.
His budget contains hundreds of millions of dollars to further regulatory initiatives.
Groups representing builders and realtors won a major victory in the House.