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Highlights of the $3.73 Trillion Budget Request for 2012

February 15, 2011 Comments off

WASHINGTON—President Barack Obama released a $3.73 trillion budget for fiscal-year 2012 Monday where he sought to balance two competing and conflicting agendas: dramatic cuts to federal spending while also investing in programs to improve U.S. competitiveness.

A look at what President Barack Obama has requested in his $3.73 trillion budget for the 2012 fiscal year beginning Oct. 1.

Summary: Homeland Security gets $44 Billion with a priority on naked body scanners.  The Transportation Department gets over a half Trillion dollars for new highway and rail construction, including $53 billion for high-speed trains.  $500 million will go to the new Bureau of Ocean Energy Management and Enforcement (See my article on LOST.) and NIST, the group that dropped the ball on the Sept. 11th investigation will be getting $764 million, roughly a 17% increase from last year.

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Agency: NASA

Spending: $18.7 billion

Percentage Change from 2011: 0.9 percent decrease

Discretionary Spending: $18.7 billion

Highlights: Obama’s space budget is about the same as the previous year, avoiding the major proposed cuts other agencies are facing, partly because of the long planned Read more…

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