–$634 billion down payment on universal health care, paid for by boosting taxes on wealthy, curtailing Medicare payments.

–$750 billion more in spending under the government’s rescue program for financial institutions.

–Trims a variety of government programs, including subsidies earned by farmers with revenue of more than $500,000 a year.

–$130 billion for Iraq and Afghanistan in 2010.

Read the full budget outline here.

More from the WashPost, NYT, AP, WSJ, and The Atlantic.