Blog - Articles Tagged 'Spending Freeze'

President Obama will kick off the 2011 budgeting process this week by submitting a $3.8 trillion budget plan, which is $250 billion more than last year's budget, but also represents an almost 50% decrease in last year's level of spending growth. Later in the week, the House will take up controversial cybersecurity legislation.

Craig Jennings at OMB Watch visualizes the deficit reduction we can expect to see from the plan to freeze all non-defense discretionary spending that President Obama will announce tonight: Beyond the fact that the freeze is just a small gesture in the face of a giant, systemic problem, Jennings adds this warning: And that Obama is merely putting a cap -- and not an across-the-board freeze -- on domestic discretionary spending is especially troubling, because when congressional appropria...