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President’s FY10 Budget Request Set to be Released

On Thursday May 7th President Obama’s FY10 Budget Request (a.k.a. PBR) will be formally released. Federal agencies will begin holding briefings on the contents of their budget proposals. The UW Office of Federal Relations will provide full coverage, on this website, of the components of the FY10 PBR that are of interest to the higher education community in general and UW in particular.

FY10 Budget Resolution Finished

**UPDATE: The FY10 Budget Resolution conference agreement has been approved by the House and Senate**

House and Senate conferees have reached an agreement on an FY10 Budget Resolution. A budget resolution is a non-binding budget blueprint, which does not require the President’s signature. The legislation calls for $1.096 trillion in non-emergency discretionary spending in FY10, only $10 billion or 1% less than President Obama’s initial request -as captured in a budget blueprint from the administration in February. President Obama is expected to release a full budget request in early May.

The most contested provision of the FY10 Budget Resolution would permit the use of the fast-track budget reconciliartion process for health insurance and student loan reform legislation. The budget reconciliation process is being labeled as a last resort, and would allow for the movement of legislation with a simple majority -avoiding the threat of a filibuster by the minority.

Final votes on the budget resolution are expected on Wednesday April 29th.

Budget Resolution Documents

President Obama Makes Remarks to National Academy of Sciences

THE WHITE HOUSE
Office of the Press Secretary
____________________________________________________________________________
FOR IMMEDIATE RELEASE
April 27, 2009
 
Remarks of President Barack Obama – As Prepared for Delivery
National Academy of Sciences
Washington, DC
April 27, 2009
 
It is my privilege to address the distinguished members of the National Academy of Sciences, as well as the leaders of the National Academy of Engineering and the Institute of Medicine who have gathered here this morning.
 
I’d like to begin today with a story of a previous visitor who also addressed this august body.
 
In April of 1921, Albert Einstein visited the United States for the first time. His international celebrity was growing as scientists around the world began to understand and accept the vast implications of his theories of special and general relativity. He attended this annual meeting, and after sitting through a series of long speeches by others, he reportedly said, “I have just got a new theory of eternity.” I’ll do my best to heed this cautionary tale.
 
The very founding of this institution stands as a testament to the restless curiosity and boundless hope so essential not just to the scientific enterprise, but to this experiment we call America.
 
A few months after a devastating defeat at Fredericksburg, before Gettysburg would be won and Richmond would fall, before the fate of the Union would be at all certain, President Lincoln signed into law an act creating the National Academy of Sciences.
 
Lincoln refused to accept that our nation’s sole purpose was merely to survive. He created this academy, founded the land grant colleges, and began the work of the transcontinental railroad, believing that we must add “the fuel of interest to the fire of genius in the discovery… of new and useful things.”
 
This is America’s story. Even in the hardest times, and against the toughest odds, we have never given in to pessimism; we have never surrendered our fates to chance; we have endured; we have worked hard; we have sought out new frontiers.
 
Today, of course, we face more complex set of challenges than we ever have before: a medical system that holds the promise of unlocking new cures and treatments – attached to a health care system that holds the potential to bankrupt families and businesses.  A system of energy that powers our economy – but also endangers our planet.  Threats to our security that seek to exploit the very interconnectedness and openness so essential to our prosperity. And challenges in a global marketplace which links the derivative trader on Wall Street to the homeowner on Main Street, the office worker in America to the factory worker in China – a marketplace in which we all share in opportunity, but also in crisis.

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