THE AMERICAN JOURNAL

Obama to propose freeze on government spending

By Lori Montgomery
Washington Post Staff Writer
Tuesday, January 26, 2010; A01

Under mounting pressure to rein in mammoth budget deficits, President Obama will propose in his State of the Union address a three-year freeze on federal funding that is not related to national security, a concession to public concern about government spending that could dramatically curtail Obama’s legislative ambitions.  

The freeze would take effect in October and limit the overall budget for agencies other than the military, veterans affairs, homeland security and certain international programs to $447 billion a year for the remainder of Obama’s first term, senior administration officials said Monday, imposing sharp limits on his ability to begin initiatives in education, the environment and other areas of domestic policy.

Read more: Washington Post

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January 26, 2010 - Posted by | Uncategorized | ,

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