Obama to Send Congress Multitrillion-Dollar Budget Likely to Show Cutbacks

[ProSense]

Obama to Send Congress Multitrillion-Dollar Budget Likely to Show Cutbacks

By Roger Runningen

President Barack Obama will send a multitrillion budget to Congress on Feb. 14, administration spokesman Kenneth Baer said, setting up a conflict over spending that may dominate a divided Congress for the rest of the year.

The budget for fiscal 2012 is a political document that will put into precise language the administration’s priorities for increasing economic growth and creating jobs. Republicans who campaigned on promises to slash spending took control of the U.S. House of Representatives and reduced the Democrats’ majority in the Senate.

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Obama says he’s ready to trim or eliminate programs, specifically mentioning community action grants to local governments, to allow spending increases for his priorities.

“We want to cut with a scalpel as opposed to a chain saw,” Obama said in an interview broadcast online by Google Inc.’s YouTube on Jan. 27. “Frankly, we’re just going to have to trim some of these programs.”

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[ProSense]

1. No comment? n/t

[LeftyAndProud60]

2. no way it passes the house. nt

[ProSense]

4. Well, he can always

start negotiating with the Senate teabagger caucus, led by Rand Paul, and then the House will fall into place.

[vaberella]

3. And the No.1 cutback is SS, right?! n/t

[golfguru]

5. Obama has no choice

with multi-trillion dollar budget deficits, 14 Trillion debt, cuts are inevitable.

[ProSense]

6. If every lawmaker who believed that

would do the right thing, federal revenues could be significantly increased.