THE OBAMA BUDGET
Ins and Outs | How the 2010 budget breaks down by category, in billions
Department of Defense
TOTAL OUTLAYS
Other appropriated programs
Social Security
Medicare
Medicaid
Other mandatory programs
Net interest
Disaster costs
$673
$695
$695
$453
$290
$571
$164
$11
$3,552 $2,381
TOTAL RECEIPTS
Individual income taxes
Corporate income taxes
Social Security payroll taxes
Medicare, unemployment and other payroll taxes
Excise taxes
Estate and gift taxes
Customs duties
Other receipts
$1,061
$222
$682
$258
$77
$20
$23
$38
Note: Outlay figures above include money authorized in previous years and exclude some funds that will be spent in future years. The figures below are in ‘budget authority,’ which may include spending that spills over into future years.
Source: White House Office of Management and Budget
Spending Plans and Major New Programs by Department
Defense
§ Includes war spending § Shake-up in weapons-buying process The White House wants to raise fiscal 2010 spending on the Pentagon's base budget and war costs by about 1.4% from 2009. The base budget request is $533.7 billion, up 4% from 2009, and bigger than any base budget requested by the previous White House. Some $130 billion will be needed to cover war costs in Iraq and Afghanistan in 2010. To finish out 2009's war costs, another $75.5 billion is needed.
2010 Fiscal budget $663.7 billion
1.4% change from 2009 -1.7% 2.8% 10.3% 40.9% 18.5% 12.8% 1.2% -0.4% 8.8% -6.3% 48.4% 4.7% 4.7% 6.2% 15.0%
Health and Human Services
§ $630 billion fund to finance healthcare overhaul § Crackdown on fraud in Medicare and Medicaid The budget targets new spending on a variety of health initiatives, and seeks a $630 billion reserve fund over 10 years to finance a health-care overhaul effort, funded through Medicare savings and tax increases. Obama proposes to spend $311 million more next year on enforcement to ferret out fraud in Medicare and Medicaid. The FDA would get over $1 billion for uses such as beefing up foreign and domestic inspections.
2010 Fiscal budget $78.7 billion
Transportation
§ $5 billion to improve high-speed rail corridors § $800 million for satellite-based airtraffic control Funding reflects Obama's priorities to rebuild infrastructure and upgrade rail and air travel. The budget would provide $5 billion over five years to improve high-speed passenger-rail corridors between major cities. The FAA would get $800 million to accelerate the rollout of a satellite-based air-traffic-control system. Left unanswered is how to pay for the bulk of transportation spending being channeled to states for mass-transit projects.
2010 Fiscal budget $72.5 billion
Veterans Affairs
§ Increase veterans spending by $25 billion § Expanding Centers of Excellence Increased funding for the Department of Veterans Affairs follows through on the president’s campaign promise to expand services for military personnel returning from Iraq and Afghanistan. Over the next five years, Obama wants to boost veterans spending by $25 billion and expand eligibility for VA health care to 500,000 nondisabled veterans earning “modest incomes.”
2010 Fiscal budget $52.5 billion
State and other international programs
§ Expands the size of the department § Doubles spending on foreign aid The White House said it would expand the size of the department and double spending on foreign aid, but its budget provided few details on either timeframe or costs. The new money would fund an effort to “significantly increase” the number of Foreign Service positions at State and USAID. The administration would increase funding for family-planning programs, an effort the Bush administration opposed on ideological grounds.
2010 Fiscal budget $51.7 billion
Housing and Urban Development
§ Crackdown on mortgage fraud § $1 billion in funds for an affordablehousing trust fund The Department of Housing and Urban Development would get more funds to crack down on mortgage fraud, as well as promote affordable housing, a key Democratic priority. The White House proposed $1 billion in funds for an affordable-housing trust fund passed into law last year. That is likely to meet resistance from Republicans who contend that the fund steers money to community groups friendly to Democrats.
2010 Fiscal budget $47.5 billion
Education
§ Eliminates private lenders from student-loan market § Gets rid of uncertainty for students The budget proposes to eliminate private lenders from the student-loan market and have the federal government make all such loans directly. Obama said the shift to the Education Department's direct-lending program would save more than $4 billion a year in subsidies paid to private lenders. Direct loans accounted for about 20% of the $68.2 billion in new federal loans during the 2007-2008 school year.
2010 Fiscal budget $46.7 billion
Homeland Security
§ Deporting illegal immigrants who commit crimes § Boosting airlinepassenger screening Improving cybersecurity, finding and deporting illegal immigrants who commit crimes, and boosting airline-passenger screening are leading priorities in the proposed budget for the Department of Homeland Security. The budget proposal also continues the Bush administration’s focus on improving border security with new border agents. But there are no new, bigticket priorities for DHS.
2010 Fiscal budget $42.7 billion
Energy
§ Seeks cap on U.S. carbon emissions § Companies would bid for right to pollute The centerpiece of Obama’s energy-related proposals is a call for legislation that would cap U.S. carbon emissions and require companies to bid for permits allowing them to pollute. Money raised would help pay for spending on low-carbon technologies and go to people, businesses and communities to ease their transition to a clean-energy economy.
2010 Fiscal budget $26.3 billion
Agriculture
§ Cut payments to wealthiest farmers § Reduce funding for overseas promotion of U.S. brand-name products The proposed budget would cut federal payments to the nation’s largest and wealthiest farmers, reduce subsidies for crop insurance, and eliminate credits for cotton storage. The administration seeks to phase out over three years direct subsidies to farmers with annual sales revenue exceeding $500,000, saying such a move would help ensure payments “are made to those who most need them.”
2010 Fiscal budget $26 billion
Justice
§ $8 billion for the FBI to combat financial fraud § Funds for local governments to hire 50,000 police officers The Justice Department budget would increase spending for the FBI to combat financial fraud and make room for a program favored by Democrats to pay for the hiring of more police officers. Budget calls for $8 billion for the FBI, including $88 million for the bureau's antiterrorism efforts. Some $145 million would go to the civil-rights division. Funds also would help local governments hire 50,000 more police officers.
2010 Fiscal budget $23.9 billion
Commerce
§ Boosts funding for research into climate change. § $4 billion for 2010 census Climate-change research would get a boost in funding as a result of increases and a refocusing of resources at several agencies, including the department's National Oceanic and Atmospheric Administration, as well as the National Science Foundation and NASA. Commerce’s budget would rise by $4 billion in 2010 to pay for costs involved in conducting the 2010 census.
2010 Fiscal budget $13.8 billion
Labor
§ “Green jobs” training § Action to curb improper benefits mistakenly paid § Targets employer tax evasion The proposed budget for the Labor Department promises stricter enforcement of worker-protection laws, and outlines a plan to establish automatic workplace pensions for roughly half of working Americans who lack employer-based retirement plans. The budget outline calls for increased funds to enforce rules governing workplace safety, wages and workplace discrimination. The budget will also invest in work-force training programs.
2010 Fiscal budget $13.3 billion
Treasury
§ $250 billion placeholder for losses tied to more rescue efforts. § Funds for IRS enforcement Budget includes a message to Congress that more money will be needed for the $700 billion financial bailout, and creates a placeholder for $250 billion in contingency funds. That sum represents potential losses on deployment of a possible $750 billion in additional funds, a sum that would double the size of the current bailout plan. The money, if requested, would have to be approved by Congress.
2010 Fiscal budget $13.3 billion
Interior
§ Excise tax on oil and gas output in the Gulf of Mexico § New fees on companies that drill on federal lands The biggest change would be a plan to raise about $31 billion in revenue over nearly a decade by imposing new fees and taxes on oil companies that drill on federal lands, and ending various tax deductions available to the industry. In 2011, a new excise tax would be assessed on oil and gas production in the Gulf of Mexico. Payments to coal-producing states that no longer need money to clean up abandoned coal mines would end.
2010 Fiscal budget $12 billion
Other
§ SEC would get 13% funding boost § EPA’s budget would jump nearly 35%, the largest in its history § New fund to finance infrastructure The budget calls for increased funding for financial enforcement, environmental regulation and a new bank to finance infrastructure. The SEC would receive a 13% funding boost next year, after several years of static funding levels. The EPA would see its budget jump nearly 35%, to $10 billion—the largest budget in the agency's 39-year history. Some $5 billion a year over five years would go toward setting up a National Infrastructure Bank.
2010 Fiscal budget $78.2 billion