Obama’s 2013 budget reveals priorities for environment, financial reform, and health care.
President Obama’s recently released budget for FY 2013 treats environment protection, financial reform, and health care as the administration’s regulatory priorities.
The Environmental Protection Agency’s discretionary budget request for FY 2013 is $8.3 billion. This is a decrease of $105 million, or 1.2 percent, from 2012. Despite the overall decrease, “[f]unding is increased for core priorities, such as the agency’s operating budget which includes funds for the enforcement of environmental and public health protection.” The administration’s “core priorities” include the reduction of greenhouse gas emissions to “17 percent below 2005 levels by 2020 and 83 percent by 2050.”
The administration’s budget request includes increases for several of the agencies responsible for implementing the Dodd-Frank financial reform law. The Department of the Treasury would receive a 6.9 percent budget increase (though, excluding the Internal Revenue Service, the budget request is actually 2.7 percent below the 2012 level).