The National Trust for Historic Preservation is live-blogging their analysis of President Obama’s proposed budget for next year. They’ll be updating throughout the day as they discuss areas of the budget that relate to historic preservation and public funding for the arts. If you want to do your own research, there’s an interactive breakdown of the budget on the White House website.
For those who have been following the buzz about the budget through other news sources, this budget is an attempt to drastically scale back federal spending in the face of an escalating deficit. Not twenty minutes ago on NPR I heard what seemed like a good summary of where it will go next: essentially, Democrats think it’s way over the top and Republicans think it doesn’t go far enough. Which is to say, this document is still due for a lot of debate and revision.
Either way things shape up, it probably doesn’t look good for federal funding for museums. We’ll be posting wrap-ups this week, as well as some interesting thinking about new business models for museums. The future isn’t looking so bright for the traditional public money dependence that got a lot of museums through the 20th century.