Obama budget on Feb. 2

President Obama released his budget request for fiscal 2016 on Feb. 2. Increases in funding are being sought for domestic and defense programs.

President Obama’s fiscal 2016 budget request for the Small Business Administration is $701.3 million. That includes $206.3 million for entrepreneurial development programs.

A full description of the SBA budget request can be accessed here: http://goo.gl/HkF5GF.

Overall, the president has submitted a $3.99 trillion budget to Congress that begins the process of negotiation over each agency’s budget. Congress has the authority to authorize and appropriate funds for the federal government.

The White House budget documents can be found here:
http://www.whitehouse.gov/omb/budget/Overview
and here:
http://goo.gl/EH3Cw3.

Set-Aside Alert is developing a full analysis of the president’s budget request for the next issue of Set-Aside Alert.

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Obama budget on Feb. 2

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Washington Insider: