Budget Day Begins

By Jason Sherman / May 7, 2009 at 5:00 AM

The White House just released President Obama's fiscal year 2010 budget request transmittal letter to Congress, which says the spending request:

includes critical investments in rebuilding our military, securing our homeland, and expanding our diplomatic efforts because we need to use all elements of our power to provide for our national security. We are not only proposing significant funding for our national security, but we are also being careful with those investments by, for instance, reforming defense contracting so that we are using our defense dollars to their maximum effect.