President Barack Obama‘s $3.73 trillion budget proposal was the subject of the most news links shared by bloggers, while The Independent‘s list of the United Kingdom’s 100 most influential and elite people on Twitter was the most-Tweeted news link, and the most-watched news and politics video on YouTube for the second week in a row was the Feb. 7 edition of The Philip Defranco Show, according to the Pew Research Center’s Project for Excellence in Journalism’s New Media Index for the week of Feb. 14-18.

The budget accounted for 22 percent of news links shared via the blogosphere, and it was followed by: the situation in Egypt following the resignation of President Hosni Mubarak, at 21 percent; an item from The Washington Post about a new Wal-Mart being built in the Northeast part of Washington, D.C., at 10 percent; another Washington Post story about anti-government protests in Iran, at 6 percent; and Chris Cillizza‘s summary of winners and losers from the Conservative Political Action Conference for The Washington Post, also at 6 percent.

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