January 26, 2010
[efoods]President Obama will announce in Wednesday’s State of the Union address that he’s proposing to save $250 billion by freezing all nonsecurity federal discretionary spending for three years, according to two senior administration officials.
The proposed freeze, which could help position Obama in the political center by sharpening his credentials on fiscal discipline, would exempt the budgets of the departments of Defense, Homeland Security, and Veterans Affairs, along with some international programs.
“We are at war, and we’re going to make sure our troops are funded adequately,” one of the senior officials said.
This article was posted: Tuesday, January 26, 2010 at 2:48 pm