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White House: Spending Freeze May Slow Obama Agenda (More Lowering Expectations)

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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:07 PM
Original message
White House: Spending Freeze May Slow Obama Agenda (More Lowering Expectations)
Edited on Tue Jan-26-10 05:07 PM by tekisui
Source: Reuters

WASHINGTON, Jan 26 (Reuters) - U.S. President Barack Obama may take more time to deliver on some of his policy promises in light of a proposed spending freeze but is still committed to his core agenda, White House officials said on Tuesday.

Obama is seeking a three-year freeze on some domestic programs in his 2011 budget that would save $250 billion by 2020, raising questions over his ability to fulfill expensive promises that range from healthcare reform -- already up in the air politically -- to revamping U.S. energy use.

"The president's objectives haven't really changed," said Rob Nabors, deputy director of the White House's Office of Management and Budget, on a conference call with reporters.

"There are a number of areas, however, where we made commitments to do things over four, five years that will ... perhaps take us six or seven years now."

Specifically, Nabors said the administration would still be focused on "creating an economy that will work in the 21st century," improving the U.S. education system and investing in "clean" energy technology.

"We are slowing the growth of some of these programs while at the same time eliminating things ... that really aren't priorities," Nabors said.

"We're going to be working to perhaps lengthen the amount of time necessary to achieve some of the goals that the president has laid out."

more: http://www.reuters.com/article/idUSN2614234320100126?type=marketsNews
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Why did they just shoot themselves in the foot?
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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:09 PM
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1. Which Obama Agenda Would That Be?
Based on what we've seen to date of the actual agenda, this might be a good thing - I can hold on to my money a little longer before the Obama Administration hands it to a banker.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:10 PM
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2. If they are worried about the Deficit the rePUBLICONS created why not rescind the tax cuts for the
rich the GOP rammed through?
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:12 PM
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3. Mad
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