President's Energy Budget Invests in Innovation, Clean Energy, and National Security
U.S. Secretary of Energy Steven Chu today detailed President Barack Obama's $29.5 billion Fiscal Year 2012 budget request for the Department of Energy, emphasizing that it is part of an Administration-wide plan to win the future by out-innovating, out-educating and out-building the rest of the world. At the same time, the FY 2012 makes tough choices, cutting programs and expenses to underscore the Administration's commitment to fiscal responsibility and shared sacrifice.
"The United States faces a choice today: will we lead in innovation and out-compete the rest of the world or will we fall behind? To lead the world in clean energy, we must act now. We can't afford not to. Through our investments, we are laying the groundwork for the nation's future prosperity and security," said Secretary Chu. "While we are investing in areas that are critical to our future, we are also rooting out programs that aren't needed and making hard choices to tighten our belt. Additionally, we are improving our management and operations so we function more efficiently and effectively."
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Submitted by Anonymous on Tue, 2011-02-15 10:35