President Obama, for instance, wants to spend $300 billion over the course of a decade to fund incentives for clean-energy vehicles and improve America's transportation infrastructure — think mass transit and light rail lines, among other things. A hefty expenditure like that would normally see our tax withholdings inflate at least a bit, but the president's plan to pay for it involves a $10 fee that oil companies would pay on every single barrel of oil they move.
The budget proposal also earmarked $19 billion to ramp up the nation's cybersecurity efforts, which proved more than lacking when Chinese operatives breached the US Office of Personnel Management and exposed the personal information of over 21 million US government employees. (China maintains criminal hackers were to blame, not state-sponsored attackers.) Part of the proposed fix also involves spending $3.1 billion to upgrade the crucial — and in some cases, ancient — systems that form the backbone of the United States' most important computer systems and networks. The White House is also widely expected to put out a call for its first Chief Information Security Officer as early as today, emphasizing the need for a strong, top-down vision of security that we've arguably needed for ages now.
Other juicy tidbits in this last budget proposal include $19 billion for NASA (down slightly from the $19.3 billion the spacefarers got last year), and $1.8 billion to better understand and combat the Zika virus.