What to Look for in President Obama's FY 2010 Budget

The new Administration will be releasing the broad outlines of its first budget on Thursday. This FY 2010 budget will be a critically important document in that it is the Obama Administration's first opportunity to lay out a specific vision of what policy choices they would like to implement and what fiscal goals they would like to achieve. Given the dramatic deterioration in the economy and financial sector, their policy agenda will and should have changed dramatically since the presidential campaign.

This brief outlines important things to look for in this budget.