February 26th, 2009
12:44 PM ET
9 years ago

Obama's first budget: Commerce a winner due to census

WASHINGTON (CNN) - President Barack Obama introduced his first annual budget Thursday, promising short-term deficits but a balanced budget in the long run.

The Commerce Department will be one of the big winners, proportionally speaking.

Click on the jump for more info about Commerce Department funding in the budget.

- Overall funding for that department jumps by $4.5 billion, from $9.3 billion to $13.8 billion. Why? The Census. Almost all of the increase in funding is dedicated to ensuring the department has "the resources it needs to complete the 2010 Decennial Census effectively, efficiently, and on time."

- The Commerce Department also received $1 billion in the stimulus package, which is separate from the budget

The government's fiscal year runs from October of one year to September of the next.

Related: Obama unveils budget blueprint

–CNN's Alan Silverleib contributed to this report.

Filed under: Obama administration
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