Budget

U.S. Dept of Agriculture

Agriculture officials say the President’s proposed budget for the USDA next year will be similar to this year’s. Although the overall budget has been cut by $3 billion since 2010, funding for several programs that have helped boost agriculture production and export in Colorado and across the country will likely continue or increase.

President Obama laid out his proposed federal budget for 2013 at a community college in Virginia on Monday. The $ 3.8 trillion plan calls for new government spending, including stimulus-style spending on roads. It also seeks to achieve $4 trillion in deficit reduction over the next decade

The spending plan would save a projected $364 billion from the Medicare and Medicaid. But as NPR's Julie Rovner reports, none of the proposals for those savings are new.

Velkr0 / Flickr – Creative Commons

Colorado’s community college system could be getting a financial shot in the arm if President Barack Obama has his way. Today the president proposed $8 billion dollars in new spending for community colleges as part of his latest budget proposal.

President Obama has unveiled a spending plan that aims to trim $4 trillion from the deficit over the next decade, while boosting spending to programs to stimulate the still-ailing U.S. economy.

"At a time when our economy is growing and creating jobs at a faster pace, our job is to keep things on track," Obama told an audience at a Northern Virginia community college. "I am proposing some difficult cuts that, frankly, I wouldn't be proposing if I didn't have to."

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STEVE INSKEEP, HOST:

The U.S. economy is improving, even though Americans keep having to look over their shoulders at Europe. The state of the economy affects everything in American politics right now, from the presidential election to the budget that the White House lays out today.

Deficit reduction takes a back seat to job growth in the federal budget President Obama will unveil Monday. The spending plan forecasts more red ink in the current fiscal year than in 2011. Under the president's plan, budget deficits wouldn't reach a sustainable level until 2018.

In January of last year, snow blanketed more than 42 percent of the country. Last month, it was just under 13 percent. The warm weather has lowered our heating bills and created a bit of an economic boost.

After two brutally long winters, the temperatures this year have been positively balmy. In the Washington, D.C., area, they've hovered in the 50s for much of the past two and a half months. Area landscapers, whose schedules are usually pretty lean this time of year, are busier. Take Chuck Dod Landscaping, which is building a stone wall in the backyard of a home in McLean, Va.

Governor John Hickenlooper released his 2012 budget today. It includes further cuts to higher education and K-12 schools, although not as deep as in the current budget. It also spares state workers from additional furloughs and does not call for any prison closures.

Colorado Statesman

We should know next week the make-up of the bipartisan “super committee” of lawmakers who will be tasked with cutting another $1.2 to $1.5 trillion from the nation’s deficit. KUNC’s Brian Larson spoke with Colorado Statesman Publisher Jody Hope Strogoff  if anyone from Colorado could be on that committee.

Colorado Statesman

Colorado has a budget for next year following months of wrangling over steep cuts, namely to K-12 education. Governor Hickenlooper signed the state’s so-called “long bill” last Friday.

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