In early February, the President released his $2.8 trillion
budget for FY2007. By and large, the budget did not
focus on addressing the needs of families. Many of the
proposed budget cuts and 141 program eliminations were
in social, educational and health programs that benefit
families. However, the President’s emphasis on research
and development, investment in science and math
education, and energy independence, were bold and
welcome ideas. Moreover, the President’s proposal to
establish Career Advancement Accounts, which could
allow up to 800,000 people annually to pay for training or
tuition… more