Obama Seeks to Slash Domestic Programs

Tuesday, 08 Jun 2010 07:59 AM

 

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
WASHINGTON - President Barack Obama is asking government agencies to develop plans for 5 percent reductions in array of domestic programs, the White House said on Tuesday.

"We are asking each agency to develop a list of their bottom 5 percent performing discretionary programs, as measured by their impact in furthering the agency's mission," White House budget director Peter Orszag said in excerpts from remarks he is to deliver later at the Center for American Progress think tank.

"In addition, to ensure that we can meet the president's insistence on a freeze for non-security agencies while funding priority areas, we are asking non-security agencies to specify how they would reduce their budgets by 5 percent," Orszag said.

Republicans have seized on huge budget deficits to attack Obama's handling of the economy in a congressional election year in which they are seeking to overturn Democratic majorities in both houses of Congress.

Obama has said the deficits are a legacy of the Bush administration and has pledged to tackle the problem but says that must be balanced against the need to boost the economy in the near term.

The White House strongly backs a package of measures such as an extension of unemployment benefits and aid to cash-strapped states and cities that it says will give growth a lift.

The U.S. budget deficit reached $1.4 trillion last year and is projected to come in at $1.6 trillion this year.

© 2014 Thomson/Reuters. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Boehner's Christmas Carol Celebrates a GOP Congress

Thursday, 18 Dec 2014 23:15 PM

Republican House Speaker John Boehner put his own political spin on "a Christmas reading" on his YouTube page Thursday,  . . .

Dershowitz: Hollywood Should Have Followed Rushdie Example

Thursday, 18 Dec 2014 22:29 PM

Hollywood should have rallied around Sony Pictures and released "The Interview" jointly online, says Harvard law profess . . .

Army Pulls ROTC Job Posting Requiring Christian Candidates

Thursday, 18 Dec 2014 22:18 PM

The Army has pulled a job posting at an Illinois religious college that required leaders of its ROTC program to be Chris . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved