U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012.  REUTERS/Shamil Zhumatov  (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012.  REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

Fleet Week

The U.S. Navy takes Manhattan for a week.  Slideshow 

Photo

The SpaceX mission

A privately owned unmanned rocket blasts off on a mission to be the first commercial flight to the International Space Station.  Slideshow 

FACTBOX: How Obama's first federal budget compares

WASHINGTON | Mon Feb 23, 2009 3:13pm EST

WASHINGTON (Reuters) - President Barack Obama will reveal the outlines of his first federal budget this week, expected to come with a price tag of a little more than $3 trillion -- one-third of which will be added to the mounting U.S. debt.

* Obama's budget will be for the fiscal year 2010 which begins October 1 but the federal government's operations are only funded through March 6, 2009, after Congress failed to finish the annual spending bills for fiscal year which ends September 30.

So lawmakers will have to decide whether to try to wrap up all the remaining unfinished spending bills, $410 billion, or to pass what's known as a continuing resolution that would fund the government's operations through September 30.

* Only three other countries have nominal gross domestic product bigger than the approximately $3 trillion in U.S. spending, India ($3.3 trillion), Japan ($4.5 trillion) and China ($7.8 trillion).

* The expected $1.1 trillion additional debt would be $200 billion shy of the gross domestic product of South Korea and more than the roughly $900 billion the United States has spent on the Iraq and Afghan wars since 2001. The Treasury Department reported the outstanding U.S. public debt stood at $10.6 trillion in January .

* The additional debt from Obama's expected 2010 budget would cost each American $3,666.67 based on a U.S. population of 300 million people.

* A $3 trillion budget is still more than the total assets held by the largest bank holding company, J.P. Morgan Chase & Co. which had $2.175 trillion in assets as December 31, 2008, according to the Federal Reserve.

(Compiled by Jeremy Pelofsky; Editing by Eric Walsh)

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