Obama’s budget, explained

A really nice, non-technical synopsis of President Obama’s budget proposal is available from the National Priorities Project, which also offers a Wisconsin perspective. Obama has proposed freezing discretionary funding, which translates into a $74.8 million, 0r 51%, cut in the state’s Community Development Block Grant allocation for FY11. Much of the reduction likely is due to the expiration of stimulus funding, but with the economy still on the brink and jobs still disappearing, this state and this community is in for a world of hurt unless something changes.

More pain: the state’s share of low-income heating assistance declines $60.5 million,or 47%,  in 2011.

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