The Fiscal Year 2014 budget issued by President Obama includes provisions that would limit certain tax benefits for individuals with income taxed at higher rates, including all itemized deductions and contributions to retirement plans. The Treasury Department's "Green Book" provides further details on the proposed tax changes. Critics argue that the proposal would increase taxes on those earning under $200,000 or married couples filing jointly with income under $250,000, who President Obama has previously pledged to insulate from higher taxes.