Obama to announce five-year spending freeze
A White House official said President Barack Obama will call for a five-year freeze in non-security, discretionary spending during his State of the Union address, MSNBC reported.
The official said the proposal will be part of the president’s plans to reduce the deficit that he will outline in Tuesday’s prime-time address. Obama will also call for lawmakers to back a five-year plan put forth by Defense Secretary Robert Gates to save $78 billion in defense spending, according to the official.
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“In areas outside the freeze, we also will be looking for cuts and efficiencies,” a senior White House official told NBC News. “For instance, the president is putting forward a five-year plan put forward by Secretary (Robert) Gates to achieve $100 billion in defense savings.”
Obama is under pressure from the public and lawmakers to cut spending. Several Republican lawmakers have proposed cutting $100 billion from Obama’s budget for the current year.
The official spoke on the condition of anonymity because he was not authorized to speak publicly ahead of the president’s speech.