President Obama's FY 2011 Budget
President Obama’s Fiscal Year 2011 budget supports vital programs for women and children in an economic climate that demands exactly that. With unemployment projected to average 9.5 percent in 2011 and nearly one half of single-mother families expected to be poor, help is needed to create jobs and provide support for women and their families.
The President’s budget includes additional funding for safety net programs to help those most in need and boost the economy, as struggling families quickly spend this income to purchase goods and services in their communities. It calls for the comprehensive health care reform women need, provides states with the resources to preserve vital Medicaid services, and modestly increases funding for some women’s health programs. The budget makes critical investments in education, from early childhood through college. President Obama’s budget also moves to restore balance to the tax code, extending tax benefits for middle- and lower-income families while allowing tax breaks for the wealthiest taxpayers to expire and closing corporate tax loopholes. These measures would help reduce long-term deficits and provide revenue to invest in our country’s future and support families in difficult times.
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