Budget
President Barack Obama unveiled on May 7, 2009, a $26.4 billion budget request for DOE for fiscal year (FY) 2010, including $2.3 billion for the DOE Office of Energy Efficiency and Renewable Energy (EERE). The budget aims to substantially expand the use of renewable energy sources while improving energy transmission infrastructure. It also makes significant investments in hybrids and plug-in hybrids, in smart grid technologies, and in scientific research and innovation.
As part of the $789 billion economic stimulus package in the American Recovery and Reinvestment Act of 2009, Congress provided Energy with an additional $38.3 billion for fiscal years 2009 and 2010, adding about 75 percent to Energy's annual budgets. Most of the stimulus spending was in the form of grants and contracts.
For fiscal year 2011, each of the operating units of the Department of Energy operate with the following budgets:
| Division | Funding (in billions) |
|---|---|
| Management | $0.4 |
| Energy and Environment | $10.6 |
| Science | $4.9 |
| Nuclear Security | $10.5 |
| Other | $0.6 |
| Total | $27 |
Read more about this topic: United States Department Of Energy
Famous quotes containing the word budget:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)