Obama unveils his $3.6tn budget
President Barack Obama has unveiled a $3.6tn (£2.5tn) budget for 2010, aiming to pull the US out of financial crisis.
He has predicted the budget deficit for the current year will be $1.75tn, which is 12.3% of annual output and the biggest since World War II.
Planned spending includes $634bn to pay for healthcare reform and an extra $250bn to be set aside, in case it is needed to bail out US banks.
These announcements are an overview. There will be more details in April.
The $3.6tn of planned spending is still well below the spending of $3.7tn, which is forecast for the year to the end of September 2008 and includes economic stimulus packages.
Re: Obama unveils his $3.6tn budget
Here's a link to the proposed budget plan. Before you click it, it's a 2MB .PDF file, so everyone with slower connections keep that in mind.