The U.S. President Barack Obama has sent a 3.8 trillion dollar budget to Congress for the fiscal year that begins on October first. It is the first step in what is expected to be a long, contentious budget process.President Obama is walking a fine line in his 2011 budget. He is seeking 100 billion dollars to tackle unemployment while moving to trim the federal budget deficit. President Obama said it is time to hold Washington to the same standard families and businesses hold themselves. It is time to save what we can and what we must and live within our means once again.His budget forecasts a deficit of roughly 1.6 trillion dollars. President Obama says he plans to slash it in half by 2014 through a combination of tax increases on wealthy Americans and cuts in domestic programs.