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Obama to announce partial "spending freeze"

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Official portrait of Barack Obama.jpg
Official portrait of Barack Obama.jpg · Pete Souza (1954–) Alternative names Birth name: Peter Joseph Souza; Peter J. Souza Description American photographer, photojournalist and journalist Date of birth 31 December 1954 Location of birth Dartmouth Authority file : Q2073333 VIAF : 176552294 ISNI : 0000000032183009 LCCN : n96088871 NAID : · CC BY 3.0 · Original image

411 Brief

According to administration officials, US president Barack Obama is to announce a partial government spending freeze to try and lower the country's current US$1.4 trillion deficit in the 2011 budget. Obama is due to make the announcement tomorrow, in his State of the Union address. The budget cut would not include defence, homeland security, international affairs expenditures, or veterans affairs. "We are in the midst of fighting a war and have security needs. We're going to fund those security needs as necessary," said an unnamed government

According to administration officials, US president Barack Obama is to announce a partial government spending freeze to try and lower the country's current US$1.4 trillion deficit in the 2011 budget.

Obama is due to make the announcement tomorrow, in his State of the Union address. The budget cut would not include defence, homeland security, international affairs expenditures, or veterans affairs.

"We are in the midst of fighting a war and have security needs. We're going to fund those security needs as necessary," said an unnamed government official. "The savings from the three-year freeze will amount to $250bn over the next decade. The freeze, which would halt "non-security discretionary spending", is to carried out between 2011 and 2013, the official noted.

Critics of the freeze said that the cuts, which are estimated to remove $10–$15 billion from the 2011 budget, wasn't sufficient. "This is like announcing you're going on a diet after winning a pie-eating contest," said Michael Steel, a spokesman for House of Representatives Republican leader John Boehner. Government officials, however, said that the move would save $250 billion over the next decade.

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Licensed archive reporting by Wikinews contributors. Text: CC BY 2.5 (https://creativecommons.org/licenses/by/2.5/). Original source date retained. 411 has not independently verified this archive report.

Read the source: Wikinews ↗

Source published 27 Jan 2010, 05:30 am IST

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