WASHINGTON (AP) — The White House says President Barack Obama’s budget will propose spending $74 billion more than current spending caps. That would be an increase of about 7 percent.
Obama plans to release his budget for the next fiscal year on Monday. The White House says Obama will propose $530 billion for domestic programs, which is $37 billion more than the limits established by so-called sequestration.
Obama will also propose $561 billion for defense spending. That’s an increase of $38 billion over the spending limits.
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2 comments:
He'll be lucky to see less that $74B in cuts.....
Start with Welfare, Food Stamps, TSA, IRS, and EPA.....
My Constitution lays that power in the Congress, not in the hands of the President. To my knowledge, this has not changed.
Obama can shove it.
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