Mar 5, 2009

The Obama Budget — How to Read It & Our Analysis

President Obama has unveiled an ambitious agenda that aims to reduce governmental costs by $2 trillion. You don't have to be a Washington budget geek to assess this blueprint. To further aide the President's commitment to transparency, PGPF provides a tipsheet to help you work your way through his budget. And if you want to dive deeper into the numbers, check out our more detailed version of the tipsheet here.

PGPF believes President Obama's first budget contains many encouraging signs. We commend him for providing a 10-year budget projection and a specific deficit-reduction goal. At the same time, the President's blueprint contains areas of concern, such as moving some items from the discretionary to the mandatory spending category. Please read more on our analysis of President Obama's budget.

Peter G. Peterson Foundation News



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