BUDGET

Table of Contents
Page
The Budget Message of the President ................................................................................................1
Building on Our Economic and Fiscal Progress ..............................................................................7
A Record of Job Growth and Economic Expansion ...................................................................7
Reflecting on Our Fiscal Progress ..............................................................................................8
Helping, Not Hurting, the Economy: The Bipartisan Budget Act of 2015 .............................10
Building on Our Success for a Stronger Economy ..................................................................12
Investing in Economic Growth While Maintaining Fiscal Responsibility .............................13
Meeting Our Greatest Challenges: Innovation to Forge a Better Future ................................15
Creating a Climate-Smart Economy ..............................................................................................15
21 st Century Clean Transportation Plan .................................................................................16
Doubling the Investment in Clean Energy R&D ....................................................................19
Protecting and Increasing the Nation’s Water Supply through
Investment in Water Technology ..........................................................................................20
Partnering with Communities to Tackle Climate Risk ...........................................................21
Preserving and Protecting Public Lands and Oceans .............................................................24
Leading International Efforts to Cut Carbon Pollution and
Enhance Climate Change Resilience ....................................................................................25
Investing in Research and Development .......................................................................................26
Revitalizing American Manufacturing ....................................................................................26
Advancing Biomedical Research at the National Institutes of Health (NIH) .......................27
Investing in Civil Space Activities ...........................................................................................28
Addressing Challenges in Agriculture through R&D .............................................................28
Meeting Our Greatest Challenges: Opportunity for All ...............................................................31
Educating for the Future: From Early Learning to College .........................................................31
Improving Access to High-Quality, Affordable Early Education ............................................32
Putting Students on a Path to College and Careers ...............................................................33
Promoting College Affordability and Completion ...................................................................36
Training Americans for the Jobs of the Future .............................................................................39
Protecting Workers ...................................................................................................................41
Making the 21 st Century Economy Work for Workers ...................................................................43
Helping Workers Balance Work and Family ...........................................................................43
Helping All Workers Save for Retirement ...............................................................................44
Helping Workers Who Lose Their Jobs and Reducing Job Loss .............................................46
Addressing Wage Stagnation and Helping Low-Wage Workers .............................................47
Tax Reform That Promotes Growth and Opportunity ...................................................................50
Closing Tax Loopholes for the Wealthy, Imposing a Fee on Large Financial
Firms, and Making Sure Everyone Pays Their Fair Share .................................................50
Fixing America’s Broken Business Tax System ......................................................................51
Partnering with Communities to Expand Opportunity ................................................................52
Housing and Homelessness ............................................................................................................53
Strengthening Efforts to Help Poor Families Succeed ..................................................................55
Building on the ACA to Improve Americans’ Health ....................................................................59
Implementing the ACA and Improving Health Care in America ...........................................59
Strengthening Medicare, Medicaid and CHIP ........................................................................60
Transforming the Nation’s Health Care Delivery System .....................................................62
Investing in Public Health and Safety and the Health Care Workforce ................................64
Addressing the High Cost of Drugs .........................................................................................65