Obama to send $3.8 Trillion budget to Congress on Monday

obamashamwow.jpgLooks like the fiscal hawk Obama has really dug in the try and save huh? According to Fox News, Obama will send a nearly $4 trillion budget to Congress Monday,

Obama’s budget would increase financing for education and for civilian research programs by 6 percent and provide cash-strapped states $25 billion

The proposal comes as the president seeks to impose a three-year spending freeze on domestic spending not related to national security or entitlement programs.

The budget proposes increases for programs at the National Institutes of Health, the National Science Foundation and the Energy Department, according to the newspaper.

The fiscal budget looks to cut projects of the Army Corps of Engineers and scrub NASA’s plan to return astronauts to the moon.

National security, veterans programs, Medicare, Medicaid, and Social Security would be exempted from the cuts.


No TweetBacks yet.
(Be the first to Tweet this post)

Related posts:

  1. House approves $3.44 trillion budget resolution – Nancy Pelosi calls this: “a statement of our national values, The House of Representatives passed a $3.44 trillion budget resolution...
  2. You ain’t seen nothin’ yet. Budget deficit hits $1 TRILLION Congrats to America! For the first time in my adult...
  3. U.S. Budget Deficit Hit Record $1.4 Trillion in 2009 triple that of 2008’s record Remember last year when people were complaining about the out...
  4. Obama to Push 3-Year Spending Freeze on Non-Security Discretionary Spending Didn’t John McCain suggest the exact same thing on the...
  5. Obama $3.8 Trillion Budget will cause national deficit to hit a record-breaking amount of $1.6 Trillion Get ready for a $1.6 national deficit, once Obama proposes...

Related posts brought to you by Yet Another Related Posts Plugin.

Comments

Lets hear your point of view! - A warning to the liberal whiners who seem intent to flood our comment section with profanity. Save your keystrokes. The anti spamming script will just automatically delete your comment. Feel free to disagree with the host on any article posted here, but flame baits, racism, and profanity laced tirades will NOT be tolerated, and will eventually get your IP address banned!




www.e-referrer.com