Thursday, January 29, 2015

Obama to propose $74 bn increase above current spending caps

The White House says President Barack Obama is to ask Congress to boost government spending by roughly 7 percent above current limits.

 

It sets up a clash with Republicans who insist that federal spending must be held in check.

 

Obama's budget, to be formally released on Monday, will call for $74 billion more than the levels frozen in place by cuts agreed to by both Democrats and Republicans and signed by Obama into law.

 

White House spokesman Josh Earnest said his new budget proposals will increase spending on both the domestic and military sides by similar amounts.

 

 

IN: "His budget...'

OUT: '...homeland security'

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CLIP: http://www.fsnradionews.com/feeds/0129budget-je.mp3