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Chu: Budget is Part of Plan to Win Future

The DOE's $29.5 billion budget proposed by President Barack Obama for FY 2012 invests in what is needed and eliminates what is not, Secretary of Energy Steven Chu said Monday in a press briefing. The FY 2012 budget, Chu said, is part of an administration-wide plan to win the future by "out-innovating, out-educating and out-building the rest of the world," while at the same time cutting programs and expenses.