National Association of Regional Councils

Sub Navigation

On Monday, February 1, President Obama released his $3.834 trillion (FY09 request was $3.55 trillion) Budget for fiscal year 2011 that invests in education, clean energy, infrastructure and innovation in a push to bolster the American economy. The President, as noted in his State of the Union address, is looking to reign in spending by “ending programs that don’t work, streamlining those that do, cracking down on special interest access, and bringing a new responsibility to how tax dollars are spent.” The Budget’s projected impact on the deficit is $1.267 trillion (down from $1.556 trillion in 2010). The Budget also institutes a three-year non-security discretionary freeze that is slated to save $250 billion over the next decade. The Administration has identified more than 120 programs across the government that they believe should be terminated or reduced – generating $20 billion in savings.

Click HERE for information on the Budget’s impact on regions and local governments – please note there are many clickable links to relevant details, agency funding levels and regional interests throughout the document.

Contact Shannon Menard at shannon@NARC.org with questions or for more information.