Thursday, May 7, 2009

President Obama Releases His FY 2010 Budget Request to Congress

Today, President Obama released the first portion of his detailed FY 2010 Budget.

Earlier in the year (on February 26, 2009), the President unveiled a $3 trillion-plus “Budget Blueprint” for fiscal year 2010, which signaled substantial investments in health care reform, renewable energy and education, and projected a 50 percent reduction in the federal deficit by the end of his first term.

Included in the President’s FY 2010 Budget is $166.8 million in funding for NeighborWorks America. Read more, including a statement from NeighborWorks America CEO Ken Wade.

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