White House Targets 121 Programs in Bid to Cut $17 Billion in Spending
By JONATHAN WEISMAN
Wall Street Journal
WASHINGTON – President Barack Obama's detailed 2010 budget plan, due out Thursday, will propose modest cuts and consolidations in programs across the government. But even those trims are likely to provoke opposition from lawmakers and interest groups.
White House budget director Peter Orszag and his deputy, Rob Nabors, laid out 121 programs Mr. Obama wants eliminated or consolidated next year in a meeting with senior Democratic lawmakers Thursday. That would bring spending down by $15 billion compared with what it would have been without those cuts. The proposed trims amount to one-half of 1% of the $3.6 trillion in spending planned for 2010.
Half the cuts would come from defense, especially Pentagon weapons programs. The other half would trim or consolidate programs that have strong support among progressive activists who cheered his election.
(More here.)
Wall Street Journal
WASHINGTON – President Barack Obama's detailed 2010 budget plan, due out Thursday, will propose modest cuts and consolidations in programs across the government. But even those trims are likely to provoke opposition from lawmakers and interest groups.
White House budget director Peter Orszag and his deputy, Rob Nabors, laid out 121 programs Mr. Obama wants eliminated or consolidated next year in a meeting with senior Democratic lawmakers Thursday. That would bring spending down by $15 billion compared with what it would have been without those cuts. The proposed trims amount to one-half of 1% of the $3.6 trillion in spending planned for 2010.
Half the cuts would come from defense, especially Pentagon weapons programs. The other half would trim or consolidate programs that have strong support among progressive activists who cheered his election.
(More here.)
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1 Comments:
FYI : I clicked the link to read the WSJ story since the headline/story indicated $15 billion being cut which was different than reported in The Washington Post story. The WSJ story now has been updated to $17 billion involving 121 programs.
BTW, did you notice these cuts are called “modest” implying that it is such a small portion of the budget that it really may not be noteworthy. Funny thing is that John Kline’s whole Stop The Pork campaign for All Earmarks is based on fiscal year 2008 spending which Congress spent more than $17.2 billion on more than 11,610 earmarked projects. If Obama’s cuts are “modest” doesn’t that say that All Earmarks are also “modest” ?
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