Obama's Budget Outline

February 26, 2009 by TFB

I have a major problem with the mainstream news media. This morning they all reported that President Obama sent a budget outline to Congress. They selected some nuggets from the outline and told us President Obama wants to invest in health care and what not. See this report from the Associated Press or this article from New York Times for example. From these reports, we know there is a 140-page budget outline. However, none of the reports link to the original source: the budget outline itself. I want more information than what the reporters chose to tell me. Reporters, please do me a favor. Filtering the information is fine, but please always link to the source.

End of rant. If anybody sees a link to the real budget outline, please let me know. If I find it I will also update this post and put it here. I already tried whitehouse.gov and House Ways and Means Committee website.

[Update] Score! Found it from Office of Management and Budget (OMB) website.

A New Era of Responsibility

Looking for the info I wanted now.

Software picked, likely related posts:

Comments

3 Comments on Obama's Budget Outline

  1. indexfundfan on February 26, 2009 | permalink
  2.  

    I think my family will become one of those targetted to pay higher taxes. Guess what? Over lunch, some of my coworkers and myself are talking about working less hours by applying for no pay leave.

    Such is the effect of a tax on productivity.

  3. TFB on February 26, 2009 | permalink
  4.  

    indexfundfan – Maybe it won't affect you as much as you think because you are paying AMT anyway. An increase in regular tax may not overcome the AMT and you end up paying the same amount.

  5. indexfundfan on February 26, 2009 | permalink
  6.  

    TFB, you are quite right. I forgot about AMT. For the past few years, I did not really get much/any benefit from Bush's tax cuts due to AMT.

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