President Obama Releases Fiscal Year 2013 Budget

On Monday, February 13, President Obama released his fiscalyear 2013 budget proposal. It includes $3.67 trillion in new budget authority, a 3.7 percent reduction from 2012 levels. It includes $1.15 trillion in discretionary spending and $2.27 trillion in mandatory spending. You can find information about the budget on the White House web site.