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Obama To Announce Three-year Federal Spending Freeze

January 27, 2010 by  

Obama to announce three-year federal spending freezeDuring his State of the Union address tonight night, President Obama will announce a proposal for a partial three-year federal spending freeze for programs unrelated to national security beginning in 2011.

The Obama administration estimates that the freeze, which would exempt the cost of Pentagon spending, homeland security funding and foreign aid, would save approximately $250 billion over the course of a decade, but only $15 billion in the plan’s first fiscal year.

The president’s proposal has been greeted with skepticism from both sides of the aisle, as many think the freeze is insignificant in the context of the federal deficit, which is projected to hit $1.35 trillion in 2010.

"Given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest," said Michael Steel, spokesman for House Minority Leader John Boehner, quoted by Fox News.

The Economist referred to the proposed freeze as a "bright shining gimmick" because it doesn’t account for major portions of the budget including defense spending, NBC.com reports.

Meanwhile, Republican Senator John McCain from Arizona has said he supports Obama’s proposal, but recommends that the president reject a $90 billion job creation stimulus bill that is currently being debated in Congress as well as veto any appropriations bill that contains pork barrel spending.
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  • Robert

    Oh please! More smoke and mirrors. How about a 20% paycut for all federal employees and a 15% tax on their wages to pay for their heath care and a 50% cut in pension payments. Now that would be a start.

  • Jana

    The people of this country have been cutting back and living on a smaller income now for quite some time. It is time for our Congress to do the same. Instead of raising their pay, they should be taking a cut in salary, plus cutting back on their expense account budgets. They had increased their salary in 2009.

    It seems that nothing phases our Representatives so we need to demand that they feel a little of what we out here in the public are feeling.

    During our economic crisis they have been insulated from our problems out here on the economy, therefore it has been spend, spend, spend and they have no idea, no comprehension of what being put on a real budget even means. In fact Pelosi even got her bigger more costlier plane. Obama goes on these expensive dates. These people travel and when they do so, they do it up well.

    They just don’t get it.

    • Jana

      Congress also stopped the cost of living increase in the Sr.’s Social Security Checks, I wonder if they have cut back on the Welfare checks, especially to the illegals.

      • Robert

        Are you kidding! That’s their voter base.

      • JeffH

        Congress got their cost of living increase.
        “While thousands of Americans are facing layoffs and downsizing, Congress should be mortified to accept a raise,” said Tom Schatz, president of the Council for Citizens Against Government Waste.

        Each lawmaker’s annual salary is due for a $4,700 cost-of-living increase starting in January, which will amount to a cost to taxpayers of $2.5 million in 2009, infuriating watchdog groups

        Members of Congress make an average of $169,300 a year, with Congressional leaders making slightly more. House Speaker Nancy Pelosi, D-Cailf., makes $217,400, while the majority and minority leaders in the House and Senate each make $188,100.

        The raise will increase the average salary to about $174,000, up 2.8 percent.
        Each lawmaker’s annual salary is due for a $4,700 cost-of-living increase starting in January, which will amount to a cost to taxpayers of $2.5 million in 2009, infuriating watchdog groups

    • Robert

      That’s why God created bullets.

  • JeffH

    I have “heard” that this spending freeze only affects about 17% of total spending.

  • TOMMY FREEDOM

    THE SHIP OF STATE HAS STRUCK THE BROWN ICEBERG, THE CAPT SHOUTS WE ARE GOING DOWN, FIRST MATE SAYS IS IT ONLY THE ICEBERG, THE CAPT SAYS THE SHIP IS TOO HEAVY WITH ALMOST 14 TRILLION OF DEBT, FIRST MATE SAYS WHAT SHOULD I DO. WELL, I GOING UP ON DECK AND RE ARANGE ALL THE DECK CHAIRS. THAT SHOULD DO IT. CAPT WHAT ABOUT JOBS, OH WELL JUST SPEND BILLIONS MORE FOR STIMULUS II. WHAT ABOUT A SPENDING FREEZE YES TELL EVERYONE BUT WE WILL JUST FREEZE A LITTLE. THE TERRORIST IN THE BRIGG, HE SEEMS NICE, PUT HIM IN THE DINGY. CAPT WHAT ABOUT THE INSURANCE AND BANKERS, LEAVE THEM ON THE SHIP, THEY MAKE TOO MUCH MONEY.

  • Tinwarble

    This spending freeze is just a ruse, because what’s not being said is that the freeze is on the overly increased budgets that were implemented in 2009. The normal increase of budgets is about 3% to 4% as year, last year some of the budgets were increased by as much as 35% (which is what the EPA’s budget was increased to) and the freeze will be on those increased amounts. So really there isn’t any savings, it’s just another slight of hand trick by this administration to make them look as though they are moving to the middle.

  • Cumberland Gap Moonshiner

    Even if Obama and congress pass the freeze, it won’t go into effect until next year which leaves them to spend, spend, spend for the rest of this year. It’s sort of how the credit card law worked when it was first signed—it would not go into effect for a year and what did the CC companies do? They just raised their interest rates–what the hell did that do for us Mr. President?–it only made the stituation worst.

  • TOMMY FREEDOM

    THE SPENDING FREEZE IS A PLOY FOR THE CONSUMPTION OF THE LESS EDUCATED. IT IS ONLY ON 17% OF THE BUDGET AND MUST BE APROVED EVERY YEAR BY CONGRESS. IT MAY GO INTO EFFECT NEXT YEAR, AFTER THEY DO ALL THE SPENDING THEY CAN. IF HEALTH CONTROL IS PASSED THATS ABOUT 3 TRILLION,CRAP AND TRADE 3 TRILLION, AMNESTY TRILLONS. OBAMA IS GOING TO DESTROY US WITH HIS WRECKLESS SPENDING. BANKRUPTCY.

    IF YOU WANT TO SEE OUR FUTURE, LOOK TO VENZUELA, CHEVEZ NATIONALIZED ELECTRIC COS NOW THEY HAVE BLACKOUTS EVERY DAY. HE HAS TAKEN OVER THE MEDIA AND TV, RIOTS AND PROTESTS EVERYDAY. SAVE OUR GREAT REPUBLIC!!

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