Obama SOTU: Economy
January 25th, 2011
08:49 PM ET
12 years ago

Obama SOTU: Economy

(CNN)–President Barack Obama is proposing a five-year freeze on non-security discretionary spending by the government. "This will reduce the deficit by more than $400 billion over the next decade," Obama said in remarks prepared for delivery Tuesday night in his State of the Union speech.

"This freeze will require painful cuts," Obama said in the prepared remarks, adding that some in Congress have already proposed deeper cuts, "and I'm willing to eliminate whatever we can honestly afford to do without. But let's make sure we're not doing in on the backs of our most vulnerable citizens."

Filed under: SOTU 2011
soundoff (2 Responses)
  1. valwayne

    A 5 year freeze after all the massive corrupt spending? And how do we freeze the budget while shoveling more money at the teachers unions, and more at high speed trains like the gamblers train from Los Angeles to Las Vegas that Obama put in the corrupt stimulous bill. How do we freeze while shoveling more tens of billions at democratic special interests. Calling it investment doesn't make it any less corrupt than calling it stimulous?

    January 25, 2011 10:40 pm at 10:40 pm |
  2. T'sah from Virginia

    ECONOMY: On the RISE!!

    January 25, 2011 11:05 pm at 11:05 pm |