Why Obama\’s Budget Sell-Out to Republicans Threatens Our Economy | | AlterNet

“On Monday, Obama poured gas on the Republican flame by proposing a 2012 federal budget that cuts the federal deficit by $1.1 trillion over 10 years. About $400 billion of this will come from a five-year freeze on non-security discretionary spending — including all sorts of programs for poor and working-class Americans, such as heating assistance to low-income people and community-service block grants. Most of the rest from additional spending cuts, such as grants to states for water treatment plants and other environmental projects and higher interest charges on federal loans to graduate students.”

via Why Obama\’s Budget Sell-Out to Republicans Threatens Our Economy | | AlterNet.

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About civilitasnovus

Political junkie
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One Response to Why Obama\’s Budget Sell-Out to Republicans Threatens Our Economy | | AlterNet

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