FY2009 Budget -- the bad news and the good

Although all of the big chunks of the President's budget are no doubt meaningless, given Bush's lame duck status and Democratic control of Congress, there still may be nuggets within the smaller agency budgets.  For your midnight reading enjoyment, visit OMB's online budget page FY2009 Budget Proposal.    But a number of domestic programs, including energy, took hits.  Stan Collender on E&E TV suggested that the proposed cuts in subsidies for renewables and other domestic spending items were really just an inartful way to balance the budget in light of the Administration's determination to bolster Republican fiscal conservative and pro-Defense credentials.  In other words, there's nothing really serious about this in terms of energy policy.