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Obama Wants Domestic Spending Cuts in Next Budget.

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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-13-09 11:18 PM
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Obama Wants Domestic Spending Cuts in Next Budget.
The Obama administration, mindful of public anxiety over the government's mushrooming debt, is shifting emphasis from big-spending policies to deficit reduction. Domestic agencies have been told to brace for a spending freeze or cuts of up to 5 percent as part of a midterm election-year push to rein in record budget shortfalls. . .

White House budget director Peter Orszag on Friday told The Associated Press it is imperative to start curbing the flow of red ink. But he called it a balancing act and said acting too fast could undercut what appears to be a fledgling economic recovery.

Orszag has said the spending blueprint, for the budget year that begins Oct. 1, 2010, would put the nation ''back on a fiscally sustainable path'' and suggested it would include a mix of spending cuts and new revenue-producing measures.

http://www.nytimes.com/aponline/2009/11/13/us/politics/AP-US-Battling-Deficits.html?_r=1

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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-13-09 11:23 PM
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1. Unlimited money for present and future wars!
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Birthmark Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-13-09 11:24 PM
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2. Thank god the military budget is safe from the ax!!
:sarcasm:
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-13-09 11:47 PM
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3. Splendid!
End the war on drugs, no disaster or FEMA aid to very Red states, release all non-violent drug offenders from federal prisons (which would probably enable us to close some federal prisons) and no more bailouts.

and that's just domestic spending...
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earcandle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-14-09 01:43 AM
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4. the fuckheaded side of mankind is the warhead.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-14-09 06:27 AM
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5. End Corporate Welfare, Then
Everything else domestic is peanuts.
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