The Big Changes In Obama's 2016 Budget In One Chart
The Pentagon, State Department and Housing and Urban Development all saw funding boosts under the president's plan. But Congress won't go for it.By Zach Toombs | February 2, 2015
The president's budget plan for fiscal year 2016 isn't a huge shakeup overall, and much of it probably won't fly with the Republican Congress. But if approved, it would mean some big funding changes for parts of the government. Here's how much a few departments stand to gain or lose under Obama's plan.
At first, that additional defense funding doesn't look like much, but keep in mind the U.S. has, by far, the world's largest military budget — about 1/3 of all the world's defense spending and as much as the next nine nations combined.
The president's budget would blow through the spending caps set by sequestration, tacking another $38 billion onto the Pentagon budget. The costly and controversial F-35 fighter would get more funding, too. (Video via Aiirsource)