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ERIC Number: ED576932
Record Type: Non-Journal
Publication Date: 2012
Pages: 256
Abstractor: ERIC
ISBN: 978-0-16-090041-9
ISSN: N/A
EISSN: N/A
Budget of the U.S. Government, Fiscal Year 2013
Office of Management and Budget, Executive Office of the President
"Budget of the United States Government, Fiscal Year 2013" contains the Budget Message of the President, information on the President's priorities, budget overviews organized by agency, and summary tables. The 2013 Budget contains a number of steps to put the country on a fiscally sustainable path. First, this Budget implements the tight discretionary spending caps that President Obama signed into law in the Budget Control Act of 2011. Second, it begins the process of implementing the President's new defense strategy that reconfigures the country's force to meet the challenges of the coming decade. Third, President Obama reiterates his opposition to permanently extending the Bush tax cuts for families making more than $250,000 a year and his opposition to a more generous estate tax than the country had in 2009 benefiting only the very largest estates. Finally, to address other looming, long-term challenges to the country's fiscal health, the President has put forward a wide range of mandatory savings. These include reductions in agricultural subsidies, changes in Federal employee retirement and health benefits, reforms to the unemployment insurance system and the Postal Service, and new efforts to provide a better return to taxpayers from mineral development.
Office of Management and Budget, Executive Office of the President. Available from: US Government Printing Office. PO Box 979050, St. Louis, MO 63197. Tel: 866-512-1800; Fax: 202-512-2104. Web site: http://bookstore.gpo.gov
Publication Type: Reports - Descriptive; Legal/Legislative/Regulatory Materials; Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: White House, Office of Management and Budget (OMB)
Grant or Contract Numbers: N/A