But instead of moving Congress nearer a “grand bargain,” Obama’s proposals have managed to anger both Republicans, who are upset by higher taxes, and Democrats upset with cuts to Social Security benefits.

The research would be paid for with revenue from federal oil and gas leases on offshore drilling and not add to the deficit.

She will face strong pressure from Democrats to join the field of contenders for the presidency in 2016.

Denis McDonough, 43, will take over the key West Wing role from Jack Lew, Obama’s nominee for Treasury secretary.