Myths and falsehoods relating to President Obama's budget proposal

Summary: Following the release of President Obama's proposal for the fiscal year 2010 budget, media figures and outlets have promoted a number of myths and falsehoods related to the proposal.

Following the release of President Obama's proposal for the fiscal year 2010 budget, media figures and outlets have promoted a number of myths and falsehoods about the proposal. These myths and falsehoods include the suggestion that Obama's proposal would increase taxes on a large percentage of small businesses and the suggestion that using reconciliation to pass major policy goals would represent an unusual or unprecedented tactic.