Obama will propose 3-year cap on federal spending

By Lori Montgomery | Tuesday, January 26, 2010 | The Boston Globe

“…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 yesterday, imposing sharp limits on his ability to begin initiatives in education, the environment, and other areas of domestic policy….”…BS

http://www.boston.com/news/nation/washington/articles/2010/01/26/obama_will_propose_3_year_freeze_on_federal_spending?mode=PF

 

 

This entry was posted on Tuesday, January 26th, 2010 at 6:13 AM and filed under Economics, Media, Politics. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.

Leave a Reply

You must be logged in to post a comment.