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TOPIC: "Obama to propose spending freeze" (Politico 1/25/10)


Diamond

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"Obama to propose spending freeze" (Politico 1/25/10)
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POLITICO

"

Obama to propose spending freeze

By GLENN THRUSH & DAVID ROGERS | 1/25/10 7:29 PM EST

President Obama plans to announce a three-year freeze on discretionary, “non-security” spending in the lead-up to Wednesday's State of the Union address, Hill Democratic sources familiar with the plan tell POLITICO.

The move, intended to blunt the populist backlash against Obama's $787 billion stimulus and an era of trillion-dollar deficits — and to quell Democratic anxiety over last Tuesday's Massachusetts Senate election — is projected to save $250 billion, the Democrats said.

The freeze would not apply to defense spending or spending on intelligence, homeland security or veterans.

The proposal is in line with a plan floated by Sen. Evan Bayh (D-Ind.), a fiscal hawk, who told Bloomberg's Al Hunt last week that there was a “fighting chance” Obama would propose a freeze in most discretionary spending by the federal government as part of his address.



-- Edited by Sanders on Monday 25th of January 2010 08:57:40 PM

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Sanders wrote:

POLITICO

"

Obama to propose spending freeze

By GLENN THRUSH & DAVID ROGERS | 1/25/10 7:29 PM EST

President Obama plans to announce a three-year freeze on discretionary, “non-security” spending in the lead-up to Wednesday's State of the Union address, Hill Democratic sources familiar with the plan tell POLITICO.

The move, intended to blunt the populist backlash against Obama's $787 billion stimulus and an era of trillion-dollar deficits — and to quell Democratic anxiety over last Tuesday's Massachusetts Senate election — is projected to save $250 billion, the Democrats said.

The freeze would not apply to defense spending or spending on intelligence, homeland security or veterans.

The proposal is in line with a plan floated by Sen. Evan Bayh (D-Ind.), a fiscal hawk, who told Bloomberg's Al Hunt last week that there was a “fighting chance” Obama would propose a freeze in most discretionary spending by the federal government as part of his address.



-- Edited by Sanders on Monday 25th of January 2010 08:57:40 PM

when Bush did this cutting the NIH funds tanked and my research career was on the doomed path of no return. really F**k  my life. Clinton was perfect

 



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Amy Dugan


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so does that mean that EXPENSIVE fraud of a health care bill is dead?

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Diamond

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"President Obama to propose spending freeze" (Politico 1/25/10)
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POLITICO

"

President Obama to propose spending freeze

Updated: 1/25/10 10:34 PM EST

President Obama plans to announce a three-year freeze on discretionary, “non-security” spending in the lead-up to Wednesday's State of the Union address, Hill Democratic sources familiar with the plan tell POLITICO.

The move, intended to blunt the populist backlash against Obama's $787 billion stimulus and an era of trillion-dollar deficits — and to quell Democratic anxiety over last Tuesday's Massachusetts Senate election — is projected to save $250 billion, the Democrats said.

The freeze would not apply to defense or foreign aid or spending on intelligence, homeland security or veterans.

News of the proposal came as the Congressional Budget Office is slated to release new deficit estimates Tuesday morning, and when the Senate will also vote on a proposed bipartisan task force empowered to force votes after November’s elections on proposals to rein in the growing federal debt.

More . . .

"



-- Edited by Sanders on Monday 25th of January 2010 11:46:45 PM

__________________
Democracy needs defending - SOS Hillary Clinton, Sept 8, 2010
Democracy is more than just elections - SOS Hillary Clinton, Oct 28, 2010

Madam Secretary Blog at ForeignPolicy.com
Project Vote Smart - Stay informed and engaged!


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RE: "Obama to propose spending freeze" (Politico 1/25/10)
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MERGED

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