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President Obama's budget is expected to include plans for spending on new initiatives and dramatically cutting some programs. Copies of Obama's fiscal 2011 budget are seen above. Chip Somodevilla/Getty Images hide caption

itoggle caption Chip Somodevilla/Getty Images

Economy

Budget May Take Small Steps Toward Deficit Cuts

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Antionette Levi solicits donations for the Salvation Army Dec. 21 in Chicago. As the season winds down, donations to Chicago-area kettles have been over 10 percent shy of those received last year, but the organization hopes to match last year's record total of $139 million. Scott Olson/Getty Images hide caption

itoggle caption Scott Olson/Getty Images

Around the Nation

Charities Optimistic After Year Of Lackluster Giving

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